Gold rises on global cues, jewellers’ buying
Gold rallied by Rs 65 to Rs 31,515 per ten gram at the bullion market today on firm global trend and pick-up in buying by local jewellers. Silver also moved up by Rs 60 to Rs 39,560 per kg due to increased offtake by industrial units and coin makers. Traders said sentiment got a boost after gold edged higher overseas on a weaker dollar following US Secretary of State Rex Tillerson’s sudden dismissal and after consumer price data pointed towards a path of gradual hikes in US interest rates. Globally,…
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