Gold prices on Friday reportedly rose by Rs 170 to Rs 32,620 per 10-gm at the bullion market in the national capital, due to higher demand from local jewellers and a strong trend overseas. Silver followed the pace rising to Rs 600 to Rs 39,250 per kg.
MCX Gold futures ended at Rs 31,735 per 10 grams, up 0.56% on the day.
In New Delhi, gold of 99.9% purity demonstrated an increase of Rs 170 to Rs 32,620 per ten gram, while 99.5% purity gold also spiked to an extent of Rs 170 to Rs32,470 per ten gram, followed by Sovereign gold which also went up by Rs 100 to Rs25,200 per piece of 8 gram. Gold price spiralled this week in the midst of gearing wedding season, since investors attention focused on partial shutdown of the US federal govt.
In line with the yellow metal, Silver price was up by Rs 600 to Rs 39250 per kg. Weekly-based delivery also advanced Rs 1448 to Rs 38651 per kg.