Gold prices ticked up by Rs 25 to Rs 30,125 per 10 grams
in the bullion market today on scattered buying by jewellers driven by the
ongoing wedding season amid firm global cues.
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silver eased Rs 60 to Rs 41,040 per kg on lack of buying
support from industrial units and coin makers.Globally, gold rose 0.16 percent to USD 1,279.70 an ounce in London.
In the national capital, gold of 99.9 percent and 99.5 percent purity inched up by Rs 25 each to Rs 30,125 and Rs 29,975 per 10 grams, respectively.
Spot gold eased by 0.3 percent to $1,285.16 an ounce by 0008 GMT.
Oil prices jumped on Monday as a huge wildfire in
Canada's oil sand region knocked out over a million barrels in daily production
capacity, contributing to a significant tightening of markets over the past
weeks.
Akshaya Tritiya, considered an auspicious day to buy gold, is likely to be lacklustre this time as jewellers are expecting negative marginal growth compared to last year, on the back of rising gold prices, which is ruling at over Rs 30,000 per 10 grams.
Akshaya Tritiya, considered an auspicious day to buy gold, is likely to be lacklustre this time as jewellers are expecting negative marginal growth compared to last year, on the back of rising gold prices, which is ruling at over Rs 30,000 per 10 grams.
Akshaya Tritiya Gold Rates, Past Year Prices
Prices on occasion of
Akshaya Tritiya
|
|
Akshaya Tritiya date
|
Price (Rs/10 gm)
|
Apr 21, 2015
|
26,960
|
May 2, 2014
|
28,815
|
May 15, 2013
|
26,825
|
April 24,2012
|
28,852
|
May 6, 2011
|
21,701
|
May 16, 2010
|
18,167
|
April 27, 2009
|
14,624
|
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