Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
October 23, Monday 2017 2:31 AM       

       HEADLINES: Sangh Parivar will divide India using Taj Mahal as weapon: Thomas Isaac                                              Notice sent to Dileep seeking explanation on security agency                                              Lake encroachment: Collector’s report is against Thomas Chandy                                              Expel Thomas Chandy from cabinet, says Chennithala                                              I’ve not seen the report, says Revenue Minister                                              Zakir Naik to be chargesheeted by NIA                                              Opp. parties have no 'authority' to question EC: Modi                                              Modi Govt. is 'a government of excuses': Congress                                              Rajini says 'Mersal' has addressed important issue                                              Anti-terror squad kills eight suspects in Karachi                                              Zardari accuses Sharif brothers of planning his murder twice                                              Swaraj meets B'desh PM discusses Rohingya crisis                                              Third gold for Anumol                                              School sports meet: Thangjam Singh strikes triple                                              Kohli smashes 31st ODI ton, surpasses Ponting's record                                              Srikanth blows away Lee to win Denmark Open                                              Kaumudi Facebook
       BUSINESS Next Article: Govt has not written off single rupee of corporate loans: FM  
       Gold tops Rs 30,000-mark, spurred by safe haven appeal
 
         Posted on :15:47:36 Aug 11, 2017
   
A A
       Last edited on:17:26:12 Aug 11, 2017
         Tags: Gold tops Rs 30,000-mark, spurred by safe ha
 
New Delhi, PTI: Gold made good use of growing safe haven demand as prices reclaimed the Rs 30,000-mark by gaining Rs 130 to trade at an over three-month high today, with local buying providing crucial support.
 
Silver also advanced by Rs 60 to Rs 40,130 per kg due to increased offtake by industrial units and coin makers.
 
In the national capital, gold of 99.9 and 99.5 per cent purity advanced by Rs 130 each to Rs 30,020 and Rs 29,870 per ten gram, respectively, a level last seen on April 22. The precious metal had gained Rs 540 in the previous two sessions.
 
Sovereign, however, remained unaltered at Rs 24,500 per piece of eight grams in limited deals.
 
Traders said sentiment got a lift after gold moved up in global markets as geo-political tensions between the US and North Korea persisted, pushing investors to the gold asset class.
 
Globally, gold rose 0.09 per cent to USD 1,286.90 an ounce and silver by 0.03 per cent to USD 17.10 in Singapore.
 
Besides, persistent buying by local jewellers at the domestic spot market supported the upmove, they added.
 
Following gold, silver ready rose further by Rs 60 to Rs 40,130 per kg and weekly-based delivery by Rs 110 to Rs 39,100 per kg.
 
On the other hand, silver coins stayed steady at Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces.
A A
       BUSINESS
Next Article: Govt has not written off single rupee of corporate loans: FM
 
 
BUSINESS HEADLINES
Some rejig in GST rate structure required: Adhia  
Essar completes construction of Ro-Ro terminals in Gujarat  
Now, Air India looks for Rs 1,500 crore short term loans  
Govt incentivises online purchase, payment of Gold Bonds  
Modi praises IFFCO's efforts in farmers upliftment  
UAE Exchange India won Indcom Award 2017 for Best Digital Media Campaign  
Bajaj Finserv slashes personal loan interest rate to 11.99%  
AI looks for Rs. 1,500 crore short term loans  
Paytm reports Mega-Dhanteras sale  
Reliance Jio hikes 84-day plan to Rs. 459  
US dollar ends higher against rupee  
Gold worth inr 120cr transacted within 6 months: Paytm  
Commodities worth over Rs 120 cr procured at MSP in R'sthan  
Nifty hits fresh high; Sensex slips from record  
Sensex, Nifty retreats from record on profit booking  
Reliance Retail to be biggest threat to Amazon, Flipkart: Pai  
India undergoing 'exciting digital transformation: IMF  
Sensex hits new peak of 32,687.32; Nifty at 10,242.45 pts  
Digital India to contribute 30pct to India's GDP by 2025  
Bring real estate under GST: Sisodia writes to Jaitley  
IMF favors three structural reforms in India  
India must go for pollution-free methanol as fuel: Gadkari  
Indian Railways to start cheaper, faster Rajdhani between Delhi-Mumbai  
Help young entrepreneurs to set up startups: AP IT Minister Lokesh to officials  
Madhya Pradesh slashes VAT on petrol by 3%, diesel by 5%  
 
Should Kummanam apologise to Kerala as remarked by the CM?
yes
 
no
 
no opinion
 
 
 
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