Gold prices improved for it all straight day today, getting Rs 50 to Rs 31,100 per 10 grams, in synchronize with a firm global trend amongst persistent buying by jewelers at the domestic spot industry. Silver obtained the Rs 46,000-mark by rising Rs 250 to Rs 46,200 per kg on the back of improved off-take by industrial units.
Market members said that besides a tightening pattern overseas after US job data skipped reports, thus enhancing the metal's attraction, improved buying by jewelers at the domestic spot industry mainly kept gold and silver greater.
Globally, gold improved 0.11 % to USD 1,328.20 in ounces and silver 0.18 % to USD 19.55 an ounces in Singapore. In the national capital, gold of 99.9 % and 99.5 % cleanliness obtained another Rs 50 each to Rs 31,100 and Rs 30,950 per 10 grams, respectively. It had obtained Rs 100 in the earlier three sessions.
Sovereign, however, stayed flat at Rs 24,300 per piece of eight grams. Likewise, silver ready improved further by Rs 250 to Rs 46,200 per kg while weekly-based distribution traded greater by Rs 929 to Rs 46,409 per kg. Money, however, always been asked for at the previous level of Rs 76,000 for buying and Rs 77,000 for selling of 100 pieces.
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