Pure gold prices rose by Rs140 to close at Rs28,730 per 10 grams. Photo: APMumbai: Gold prices jumped at the domestic bullion market on Wednesday on sustained offtake from investors and jewellery stockists driven by surging global cues. Standard gold (99.5 purity) advanced by Rs140 to conclude at Rs28,580 per 10 grams from Tuesday’s closing level of Rs28,440. Globally, gold prices rose after North Korea said it is considering an attack on the US Pacific territory of Guam just hours after President Donald Trump warned Pyongyang that any threat to the US would be met with “fire and fury”. Spot gold rose 0.6% to $1,267.79 per ounce at early trade.

Source: Mint August 09, 2017 12:56 UTC