FP:Gold price up by Rs 660 to Rs 32,200 on global cues
Gold prices gained Rs 660 to Rs 32,200 per 10 grams in the national capital on Wednesday, mainly on sustained buying by stockists driven by firming global trend. Silver also rose for the third day by adding Rs 70 to Rs 55,500 per kg on increased offtake by industrial units and coin makers. Traders said sustained buying by stockists amid a firming global trend mainly led to an upsurge in gold prices. Increased offtake by industrial units and coin makers kept silver prices firm for the third day, they said. Gold in New York, which normally set price trend on the domestic front, rose by $15.70 to $1412.20 an ounce and silver by 3.19 per cent to $24.28 an ounce.
