New Delhi, Mar 19 (PTI) Gold prices rose marginally by Rs 30 to Rs 16,940 per ten grams in the bullion market here today on festive buying amid a firming global trend.
Standard gold and ornaments rose by Rs 30 each to Rs 16,940 and Rs 16,790 per ten grams, respectively. However, sovereign remained stable at its last closing level of Rs 14,025 per eight-gram piece.
Marketmen said scattered buying by traders amid a positive trend in the overseas markets pushed gold prices up.
The global market, which normally sets the price trend on the domestic front here, witnessed gold rising by USD 0.80 to USD 1,125.90 an ounce in New York last evening.
Silver ready and weekly-based delivery remained under selling pressure and lost another Rs 75 each to Rs 27,175 and Rs 26,975 per kg, respectively.
