New Delhi. Gold rose 310 rupees, to 33,120 rupees per ten grams in Delhi in the last week, with domestic demand coming in at a steep rise in the price of yellow metal in the global market. Meanwhile, with the upswing of industrial customers and coin manufacturers, silver also 37,580 180 Rs.
According to market analysts, the ongoing US-China dispute, the US president Donald Trump’s threat to impose a tariff duty of five per cent on all Mexico products and the possibility of the US Federal Reserve cutting interest rate on the global markets in the past week Increased investor attraction towards safe investment.
According to information received from London and New York, the gold spot rose to 05.350 dollars per ounce on Friday with a weekly lead of 20.65 dollars last week. August’s U.S. gold futures also reached 1,310.20 dollars per ounce on the weekend with a bullish 25.90 dollars.
In the Alochya week, silver in the international market fell 0.01 dollars to 14.54 dollars per ounce.
During the Alochya week from the arrival of local demand amid the global boom, the gold standard reached Rs 33,120 per ten grams in weekly fast of Rs 310. Sona Bistur also reached the same edge at Rs 32,950 per ten grams. Ginni, with eight grams, also 200 Rs 26,700.
The silver spot in the week under review rose to Rs 37,580 per kilogram at Rs 180. Silver futures were pinned at Rs 36,380 per kilogram. The coin-lithe and the Biakat went up by 1000-1000 rupees to 80 thousand and 81 rupees per Saada respectively.
