In New Delhi, gold of 99.9% and 99.5% purity bounced back by Rs50 each to Rs30,250 and Rs30,100 per 10 grams, respectively. Photo: MintNew Delhi: Gold prices recovered by Rs50 to Rs30,250 per 10 grams at the bullion market on Tuesday on mild buying by local jewellers, shrugging off a weak trend overseas. Traders said scattered buying by local jewellers to meet ongoing wedding season demand at domestic spot market mainly helped gold prices to recover, but a weak trend overseas capped the rise. In the national capital, gold of 99.9% and 99.5% purity bounced back by Rs50 each to Rs30,250 and Rs30,100 per 10 grams, respectively. Silver coins, however, remained flat at Rs73,000 for buying and Rs74,000 for selling of 100 pieces.

Source: Mint December 05, 2017 09:33 UTC