Gold extends gains on wedding demand, positive global cues
Globally, gold futures to surged to USD 1,330.65 an ounce while silver at USD 15.88 an ounce in New York. Spot gold too surged to USD 1,328.90 an ounce after hitting a ten-month high of USD 1,341.02. The silver spot was at USD 16 an ounce.
Sovereign gold followed suit and rose Rs 200 to end at Rs 26,600 per piece of eight gram. Silver ready settled the week higher by Rs 250 at Rs 41,500 per kg. It moved in the range of Rs 41,800 and Rs 41,360 per kg. Reuters