Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
February 27, Monday 2017 9:52 AM       

       HEADLINES: Attack on actress: Prime accused brought to Coimbatore for evidence collection                                              Kunhalikutty selected League national general secretary                                              Afghanistan: ISIS recruit from Kerala killed in drone strike                                              Attack on actress: Probe should be handed over to trusted agency                                              Two killed in bus-car collision                                              South Indian comedian Thavakkala dies                                              India needs more scientists to harness technology: Modi                                              Gujarat ATS arrests suspected ISIS operatives                                              PIA had seven passengers standing during Karachi-Madina flight                                              Kohli, Ashwin unmoved in latest ICC Test Rankings                                              Kaumudi Facebook
       BUSINESS Next Article: IBM India names Karan Bajwa as MD  
       Gold maintains uptrend, hits 1-month high
 
         Posted on :17:25:06 Jan 5, 2017
   
A A
       Last edited on:17:25:06 Jan 5, 2017
         Tags: Gold, 1-month high
 
NEW DELHI: Marching forward for the third straight day, gold prices today surged by another Rs 180 to a nearly month high of Rs 28,730 per 10 grams, in line with a firming trend overseas amid increased buying by local jewellers.
 
Silver followed suit and advanced by Rs 350 to Rs 40,600 per kg due to increased offtake by industrial units and coin makers.
 
Traders said sentiment took a turn for the better after gold advanced to its highest level in four weeks in global markets as the US dollar retreated from a 14-year peak hit earlier this week, which kept the precious metals higher.
 
Globally, gold rose 0.9 per cent to USD 1,173.51 per ounce, the highest level in almost a month in Singapore.
 
In addition, persistent buying by local jewellers at the domestic spot market provided more traction, they said.
 
In the national capital, gold of 99.9 per cent and 99.5 per cent purity climbed by Rs 180 each to Rs 28,730 and Rs 28,580 per ten grams, respectively, a level last seen on December 8 when it closed at Rs 28,710. The precious metal has gained Rs 250 in the last two days.
Sovereign went up by Rs 200 at Rs 24,200 per piece of eight grams.
 
Following gold, silver ready hardened by Rs 350 to Rs 40,600 per kg and weekly-based delivery by Rs 360 at Rs 40,580 per kg.
 
Silver coins, however, held steady at Rs 71,000 for buying and Rs 72,000 for selling of 100 pieces
A A
       BUSINESS
Next Article: IBM India names Karan Bajwa as MD
 
 
BUSINESS HEADLINES
NCAER lowers GDP growth forecast to 6.9 pc for FY17  
Demonetisation sucked in cash like vacuum cleaner:IMF official  
Infosys seeks shareholder nod to amend Articles of Association  
Note ban impact on loan, deposit growth significant: Moody's  
Bharti Airtel to acquire Telenor India  
India's GDP projected to slow to 6.6% post-demonetisation: IMF  
Snapdeal to cut 600 jobs; CEO admits 'mistake' in biz plan  
Snapdeal founders take 100% salary cut  
Tatas to lead, not follow: Chandrasekaran  
Will sustain TCS' growth momentum, says CEO Gopinathan  
'Slowdown spill over to January-March quarter'  
Microsoft-Flikpkart announce strategic tie-up  
EU asks India to extend by 6 months trade pact with EU nations  
Licensing for payment sector can't be tick-box exercise: Gandhi  
TRAI seeks views on promotional offers, predatory pricing  
Note ban impacts PepsiCo's India biz: Nooyi  
EPFO extends deadline for submitting Aadhaar till Mar 31  
TCS to look at buyback on Feb 20  
Sensex near five-month highs, Nifty reclaims 8,800-mark  
India's GDP to expand post demonetisation: Meghwal  
India's GDP to expand post demonetisation: Meghwal  
Air India inducts A320 neo plane, to add 13 more this year  
Sensex bounces 146 pts; IT, pharma lead rally  
India, UAE trade to hit USD 100 billion by 2020: CII  
E-commerce expected to touch USD 50-55 billion by 2021: Study  
 
Do you suspect controversy behind attack on the actress?
Yes
 
No
 
Don't kow
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy