Gold rises Rs 250 to Rs 78,850/10g; silver climbs Rs 300
Gold prices increased Rs 250 to Rs 78,850 per 10 grams in the national capital on Thursday amid a firm global trend, according to the All India Sarafa Association. The yellow metal had settled at Rs 78,600 per 10 grams on Tuesday.
Silver extended its rally for the third straight session by climbing Rs 300 to Rs 90,800 per kg on Thursday. The metal had ended at Rs 90,500 per kg in the previous close.
The commodities market was closed on Wednesday on the occasion of Christmas.
The price of 99.5 per cent purity advanced Rs 250 to Rs 78,450 per 10 grams from the previous close of Rs 78,200 per 10 grams.
Traders attributed the climb in gold prices to firm trends in the overseas markets which aided in bullion prices.
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