ap7am logo
Logo Bar bseindia nse-india msn yahoo youtube facebook google thehindu bbc ndtv v6 ABN NTv Tv9 etv namasthetelangaana sakshi andhrajyothy eenadu ap7am bhakti espncricinfo wikipedia twitter

Gold at one month high, reclaims Rs.27,000 mark

Sat, Sep 26, 2015, 03:56 PM
New Delhi, Sep 25: Gold on Friday reclaimed Rs.27,000 mark for 10 grams after a month.

"After the US Federal Reserve decided not to increase interest rates, people started looking at gold as the only safe asset class. In the national capital today, it has touched Rs.27,000 per 10 grams (24 carat)," P.P. Jewellers director Rahul Gupta told IANS.

He said gold prices are expected to rise further in the next 15-20 days and reclaim the Rs.28,000 per 10 grams mark.

"This upward trend will prevail for some more time. We expect it to be around $1,200 per ounce in 15-20 days from $1,150 per ounce now," Gupta added.

Silver also regained the Rs.36,000 level and traded Rs.36,500 per kg on increased buys by industrial units and coin makers.
Agency: IANS

Feedback Form

Your IP address: