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Gold touches Rs 28,000/10 grams mark, silver surges Rs 2,300

SME News, Friday, Oct 28, 2011 16:20:14 PM IST
Related Topics:
    • Europe Debt Crisis

NEW DELHI: Gold has once again achieved the Rs 28,000 per 10 grams mark almost after one month by adding Rs 110 today. The surge took place with the help of strong buying by stockists and also pushed by the strengthening international trend.

Even, silver has climbed by Rs 2,300 to Rs 58,300 per kg on the risen offtake by the industrial units and also speculators. The trading sentiment has stayed bullish as gold rallied in the international markets as European leaders had decided a plan to control the region's debt crisis.

Reports suggest that gold in the international markets, which usually decides the price trend on the domestic front, has risen 0.5% to touch $1,752.82 an ounce, which is the highest level since September 23.








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