Business Standard

Monday, December 23, 2024 | 02:13 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Gold prices hit six-year high on festive buzz and firm global cues

According to bullion traders, overseas sentiments were boosted as gold traded at over three-month high amid an easing dollar and slumping equities

Chart
Premium

.

Press Trust of India New Delhi
Gold prices rose on Thursday by '125 to trade at a six-year high of '32,625 per 10 gram. The prices were buoyed by a pick-up in festive and wedding season demand by local jewellers, amid firm global trends and a weakening rupee.

Silver, however, remained weak, and fell by Rs130 to Rs 39,600 per kg due to slackened demand from industrial units. Silver coins remained unaltered at Rs76,000 for buying and Rs 77,000 for selling of 100 pieces.

According to bullion traders, overseas sentiments were boosted as gold traded at over three-month high amid an easing dollar and slumping equities.

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in