Globally, gold prices rose 0.08% to $1,268.90 an ounce and silver by 0.36% to $16.71 an ounce in Singapore. Photo: APNew Delhi: Gold prices rebounded by Rs190 to Rs29,620 per 10 grams at the bullion market on Friday, triggered by a firm trend overseas amid fresh buying by local jewellers. Traders said besides firm trend overseas, fresh buying by local jewellers to meet festive season demand mainly led to the recovery in prices of precious metals. Globally, gold rose 0.08% to $1,268.90 an ounce and silver by 0.36% to $16.71 an ounce in Singapore. Following gold, silver ready rose by Rs 450 to Rs 39,150 per kg and weekly-based delivery by Rs 420 to Rs 38,170 per kg.

Source: Mint August 04, 2017 09:22 UTC