LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Personal Finance News

Bad news for buyers: Before Diwali, Dhanteras, Karwa Chauth 2018, Gold reaches record new high!

Gold prices spurted by Rs 150 to trade at this year's high of Rs 32,500 per 10 grams at the bullion market Wednesday on persistent buying by local jewellers amid a firm trend overseas

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Bad news for buyers: Before Diwali, Dhanteras, Karwa Chauth 2018, Gold reaches record new high!
Gold prices in overseas markets rose 0.11 per cent to USD 1,232.20 an ounce in Singpore. Image: Pixabay
Written By: PTI
Updated: Wed, Oct 24, 2018
04:51 pm
New Delhi, PTI
RELATED NEWS
Gold Price Outlook – Gold falls by Rs 280 on Monday, Silver falls by Rs 128; expert see bounce back, recommends buy on dips Gold Price Outlook – Gold falls by Rs 280 on Monday, Silver falls by Rs 128; expert see bounce back, recommends buy on dips
Gold Price Outlook: Yellow metal falls by over Rs 11,500 in last six months; may crash much more Gold Price Outlook: Yellow metal falls by over Rs 11,500 in last six months; may crash much more
Gold Price Outlook – Gold, Silver prices may see further fall next week; expert tells what to do to maximise gains Gold Price Outlook – Gold, Silver prices may see further fall next week; expert tells what to do to maximise gains
Gold Price Today 04-03-2021: EXCLUSIVE! Yellow metal may slide below Rs 44,000; check this money making idea Gold Price Today 04-03-2021: EXCLUSIVE! Yellow metal may slide below Rs 44,000; check this money making idea
Gold Price Today 4-03-2021 – MCX Gold opens in red, falls by Rs 735 since Wednesday; cheaper by Rs 5203 in 2021 Gold Price Today 4-03-2021 – MCX Gold opens in red, falls by Rs 735 since Wednesday; cheaper by Rs 5203 in 2021

Gold prices spurted by Rs 150 to trade at this year's high of Rs 32,500 per 10 grams at the bullion market Wednesday on persistent buying by local jewellers amid a firm trend overseas. Silver, however, shed Rs 20 to Rs 39,730 per kg owing to reduced offtake by industrial units. Traders said increased buying by local jewellers to meet festive and wedding season demand and a firm trend overseas mainly lifted gold prices to this year's highest level.

Gold prices in overseas markets rose 0.11 per cent to USD 1,232.20 an ounce in Singpore. It touched USD 1,239.68 an ounce Tuesday, highest since July 17 as geopolitical and economic uncertainty raised demand for the precious metals as a safe-haven. 

Silver also moved up by 0.17 per cent to USD 14.83 an ounce. In the national capital, gold of 99.9 per cent and 99.5 per cent purity advanced by Rs 150 each to Rs 32,500 and Rs 32,350 per 10 grams, respectively, its highest level this year. The yellow metal had gained Rs 130 on Tuesday. The precious metal had traded at Rs 32,450 per 10 gram on May 15. Sovereign too traded higher by Rs 100 at Rs 24,800 per piece of eight grams.

On the other hand, silver ready eased by Rs 20 to Rs 39,730 per kg and weekly-based delivery by Rs 50 to Rs 39,010 per kg. Silver coins, however, spurted by Rs 1,00 to Rs 76,000 for buying and Rs 77,000 for selling of 100 pieces.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
gold
RELATED NEWS
Gold Price Outlook – Gold falls by Rs 280 on Monday, Silver falls by Rs 128; expert see bounce back, recommends buy on dips Gold Price Outlook – Gold falls by Rs 280 on Monday, Silver falls by Rs 128; expert see bounce back, recommends buy on dips
Gold Price Outlook: Yellow metal falls by over Rs 11,500 in last six months; may crash much more Gold Price Outlook: Yellow metal falls by over Rs 11,500 in last six months; may crash much more
Gold Price Outlook – Gold, Silver prices may see further fall next week; expert tells what to do to maximise gains Gold Price Outlook – Gold, Silver prices may see further fall next week; expert tells what to do to maximise gains
Gold Price Today 04-03-2021: EXCLUSIVE! Yellow metal may slide below Rs 44,000; check this money making idea Gold Price Today 04-03-2021: EXCLUSIVE! Yellow metal may slide below Rs 44,000; check this money making idea
Gold Price Today 4-03-2021 – MCX Gold opens in red, falls by Rs 735 since Wednesday; cheaper by Rs 5203 in 2021 Gold Price Today 4-03-2021 – MCX Gold opens in red, falls by Rs 735 since Wednesday; cheaper by Rs 5203 in 2021

LATEST NEWS

Special Pick With Anil Singhvi: Here are top stocks to buy on International Women’s Day

Karnataka Budget 2021 brings this good news for homebuyers planning to buy flats worth Rs 35 lakhs to Rs 45 lakhs

Shilpa Shetty signs as fitness ambassador of nutrition brand

PUBG Mobile 1.3 global update: APK download link, check expected release date and more!

Yes Bank Share price: Target price Rs 14, Anand Rathi maintains Sell rating | Earning, valuation and key risks

CBSE Board Exam 2021 date sheet revised for class 10 class 12 board exams: Class 12 Physics exam postponed, check here syllabus

CBSE, CISCE board exams 2021: Education Minister talks about exam fever, how to score good marks, PM Modi's Pariksha pe Charcha 2021 and more

25 per cent DA for central government employs from April? What does this 7th Pay Commission benefit mean, how it helps pensioners? EXPLAINED

West Ham's Declan Rice worth more than 100 mn: David Moyes

GST Taxpayers' alert: CBIC issues deadline! File your return before THIS date to avoid late fee and interest

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved