Gold glitters on firm global cues, jewellers’ buying
Gold prices bounced back by Rs 120 to Rs 31,470 per 10 grams at the bullion market today backed by firm global cues and pick-up in buying by local jewellers. Silver also gained Rs 150 to Rs 39,200 per kg due to increased offtake by industrial units and coin makers. Marketmen said, besides a firm trend overseas as the dollar weakened against other currencies, raising appeal for the precious metal as a safe haven and pick-up in buying activity by local jewellers at the domestic spot market, mainly led to…
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