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Spot gold prices up 3.5% on global cues

Political uncertainty in Greece sees safe haven demand for the metal

<a href="http://www.shutterstock.com/pic-76071352/stock-photo-gold-jewelry-background-soft-selective-focus.html" target="_blank">Image</a> via Shutterstock
BS Reporter Mumbai
Last Updated : Dec 10 2014 | 11:39 AM IST
Spot gold prices rose 3.5% at Mumbai's Zaveri Bazaar to Rs 27,300 per 10 grams today following global cues. 

Spot silver prices in the city also moved up by 3.5% to Rs 38,500 per kilogram.

Political uncertainty in Greece coupled with weakness in the dollar caused safe haven demand for the metal, which rose in overseas markets last night.

Spot gold price is currently trading at $1,232.41, up by 1.3%.

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First Published: Dec 10 2014 | 11:37 AM IST

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