Gold prices jump, silver rates rise

New Delhi: Gold prices jumped on the first day of the New Year, rising Rs 200 to Rs 32,470 per 10 gram at the bullion market. A pick-up in demand from local jewellers supported gold prices, traders said. Tracking gold, silver rates too rose, gaining Rs 150 to Rs 39,250 per kg on increased demand from industrial units and coin makers. In Delhi, prices of gold of 99.9% and 99.5% purity went up by Rs 200 each to Rs 32,470 per 10 gram and Rs 32,320 per 10 gram, respectively.

Sovereign gold, however, remained unchanged at Rs 25,200 per piece of 8 gram. Silver ready advanced by Rs 150 to Rs 39,250 per kg and weekly-based delivery saw a mild rise of Rs 25 to Rs 38,725 per kg. Silver coins, however, remained unchanged at Rs 76,000 for buying and Rs 77,000 for selling of 100 pieces.

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