Gold rises by Rs 100 on jewellers' buying

New Delhi: Gold prices rallied by Rs 100 to Rs 32,770 per 10 gram in the national capital on Friday due to increased buying by jewellers, according to the All India Sarafa Association.

Also Read: Gold rises on jewellers' buying

Silver too surged by Rs 200 to Rs 38,530 per kg on more offtake by industrial units and coin makers.

Traders said rise in demand from local jewellers led to the uptick in gold prices though a weak trend overseas capped the gains.

Also Read | Gold crosses Rs 33,000-mark, Silver firms up

In the international market, spot gold was trading lower at USD 1,287.98 an ounce, while silver stood steady at USD 15.13 an ounce in New York.

Also Read: Gold, silver prices drop on low demand

In the national capital, gold of 99.9 per cent and 99.5 per cent purity rose by Rs 100 to Rs 32,770 and Rs 32,600 per 10 gram, respectively. It had lost Rs 180 in the last two days.

Also Read | Gold slips Rs 70 to Rs 34,000/10gm on muted demand

Silver ready advanced by Rs 200 to Rs 38,530 per kg, while weekly-based delivery gained Rs 61 to Rs 37,531 per kg.

Also Read: Gold rises on robust demand, global cues

Silver coins held flat at Rs 80,000 for buying and Rs 81,000 for selling of 100 pieces. (PTI) 

• #Gold prices
• #Jewellers
• #All India Sarafa Association
• #Delhi
• #silver
• #International market