New Delhi: With the support of favourable signals from foreign markets and demand from local jewellery sellers, gold rose by Rs 100 to Rs 33,720 per 10 grams in Delhi's Sarafa market. The All India Sarafa Association, an association of bullion traders, said that silver was also bid at Rs 38,220 per kilogram with a surge of Rs 130 as industrial units and coin makers raised their pick-up.
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Market sources said that with the support of positive global market and demand from local jewellery traders, the prices rose sharply. In New York, gold and silver prices were bullish at $1,344.90 per ounce and $14.96 per ounce, respectively. Gold prices, with a purity of 99.9 and 99.5 per cent, closed at Rs 33,720 and Rs 33,550 per 10 grams, respectively. However, Guinea (8 grams) remained at the previous level of Rs 26,800.
At the same time, the silver spot rose by Rs 130 to Rs 38,220 per kilogram and weekly delivery rose by Rs 140 to close at Rs 37,256 per kilogram. Silver coin, Liwal remained at the earlier level of Rs 80,000 per second.
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