Gold prices rose by Rs 100 to Rs 32,770 per ten grams on Friday in the national capital on rising demand for jewelry traders. According to the All India Sarafa Association, silver also increased by Rs 200 to Rs 38,530 per kg on rising offtake by industrial units and coin makers.
Traders said the demand for local jewelry traders increased the gold prices. However, a weak trend at the global level has put an end to the pace. In the international market, gold in New York remained at $ 1,287.98 an ounce, while silver remained steady at $ 15.13 an ounce.
In Delhi bullion market, gold of 99.9 percent and 99.5 percent purity climbed up by Rs 100-100 to Rs 32,770 and Rs 32,600 per ten gram respectively. In the last two days, gold dropped to Rs 180. However, the eight-gram guinea was steady at Rs 26,400 per unit. Silver coins moved up by Rs 200 to Rs 38,530 per kg and weekly-based delivery moved up by Rs 61 to Rs 37,531 per kilogram.
Silver coins and liquefied was up by Rs 80,000 and Rs 81,000 per sq. respectively. Significantly, gold prices fell for the second straight day on Thursday. Silver on Thursday fell by Rs 90 to Rs 38,330 per kg in Delhi's Sarafa Bazar. However, silver prices fell by Rs 90.
