Economists and bullion traders said the rise in the prices were mainly on account of sharp depreciation of rupee and the fall in stock markets.
NEW DELHI: Gold price continued to rise on Saturday and reclaimed the psychologically important level of Rs 31,000 per 10 g mark at the domestic market on buying from speculators and investors. The gold price rose of Rs 640 per 10 g to close at Rs 31,470 per 10 g as against Friday's close of Rs 30,830 per 10 g.
Silver also witnessed a sharp rise on Saturday when its price crossed Rs 51,000 per kg level to close at Rs 51,485 per kg as against Rs 49,98 per kg on Friday.
Economists and bullion traders said the rise in the prices were mainly on account of sharp depreciation of rupee and the fall in stock markets.
Silver also witnessed a sharp rise on Saturday when its price crossed Rs 51,000 per kg level to close at Rs 51,485 per kg as against Rs 49,98 per kg on Friday.
Economists and bullion traders said the rise in the prices were mainly on account of sharp depreciation of rupee and the fall in stock markets.
0 comments:
Post a Comment