New Delhi, July 22 Gold prices today recovered by Rs 30 at Rs 15,100 per 10 gram in the bullion market here, while silver declined on lack of support.
Marketmen said jewellery manufacturers indulged in increasing their positions ahead of festival season mainly led to a rise in gold prices.
The co-relation with the global markets, which normally set a price band in the domestic market, failed to influence the trading sentiment here, they said. Gold in London fell nearly two dollar at 945.85 dollar an ounce
Standard gold and ornaments rose by Rs 30 each to Rs 15,100 and Rs 14,950 per 10 gram, respectively, and sovereign gained Rs 25 to Rs 12,475 per piece of eight gram.
On the other hand, silver ready fell by Rs 80 to Rs 22,270 per kg and weekly-based delivery by Rs 100 to Rs 22,150 per kg, respectively.
