No. of views : (6783)
Gold rate sharply soars
Posted on: 29/Aug/2017 5:20:45 PM
There is a sharp increase in gold rate of Rs 550 to trade at Rs 30,450 for ten grams in the bullion market. This follows North Korea firing missile over Japan, thus causing panicking situation between the US and Pyongyang.
Following Gold, it is Silver that has recaptured the Rs 41,000 mark by increasing of the range Rs 900 and reached Rs 41,100 per kg with the industrial units and coin makers.
After North Korea fired missile against Japan, there is a firm trend overseas causing gold getting rallied. This has boosted demand for gold and escalated tension between the US and Pyongyang resulting in rally in gold rates.
This uptrend is also caused by fresh gold buying. Gold rate has increased by 0.90 percent to USD 1,322.41 per ounce which is the highest intra-day since 9th November. And with silver, it is 0.66 percent to USD 17.54 per ounce in Singapore.
Post your requirement - We will connect with the right vendor or service provider
