Gold price spurts on bargain hunting, global cues
- IPL spot-fixing: Chennai Super Kings owner's kin under police scanner
- IPL 2013 LIVE SCORE: Sunrisers Hyderabad vs Rajasthan Royals
- Jessica Lall murder: Actor Shayan Munshi, ballistic expert Manocha to face perjury trial
- BJP tears into UPA govt on 4th anniversary, says it lacks leadership
- BCCI was forced to encash Pune Warriors' bank guarantee: Sanjay Jagdale
Gold price climbed up at the bullion market here today on emergence of fresh demand from stockists and retailers at existing levels amidst bullish global cues.
On the other hand, silver fell due to speculative unwinding on the back of subdued industrial off-take.
Standard gold of 99.5 per cent purity rose Rs 100 to conclude at Rs 29,450 per 10 gm from Monday's closing level of Rs 29,350.
Pure gold of 99.9 per cent purity also firmed up by a similar margin to end at Rs 29,585 per 10 gm from Rs 29,485.
Silver ready (.999 fineness) dropped Rs 210 to finish at Rs 55,215 per kg from Rs 55,425 yesterday.
Globally, gold rallied on safe-haven demand on renewed concerns over political and economic uncertainty following Italy's election deadlock amid fears over eurozone debt crisis.
Gold for April delivery jumped by USD 13.80 to settle at USD 1,586.60 an ounce on the Comex division of the NYMEX late yesterday. Silver March contract ended at USD 28.99 an ounce.
- Fixing probe now reaches Bollywood, son of Dara Singh held
- BCCI cashes Pune Warriors guarantee, 'disgusted' Sahara walks out of IPL
- Sreesanth spent Rs 1.95L on clothes, bought friend BlackBerry, paid in cash: Police
- Delhi firm with MoD as client is linked to Pak cyberattacks
- After Infosys, iGATE sacks Phaneesh Murthy for sexual misconduct
- 2 weeks after harassment, Haryana schoolgirls return, cops in tow