Gold price ticks up, but still below Rs 25,000-level in India

Gold prices moved up marginally by Rs 17 to Rs 24,912 per ten grams in futures trade Monday.

Zee Media Bureau

New Delhi: Gold prices moved up marginally by Rs 17 to Rs 24,912 per ten grams in futures trade Monday.

At the Multi Commodity Exchange (MCX), gold for delivery in October gained by Rs 17 to Rs 24,912 per ten grams.

Meanwhile, gold quoted up USD 1.07 at USD 1,094.39 an ounce in Singapore.

Gold inched up by Rs 5 to Rs 25,175 per ten grams at Delhi bullion market Saturday in tandem with a firming global trend amid sustained buying by jewellers.

Silver followed suit and gained Rs 170 to Rs 34,300 per kg on increased offtake by industrial units and coin makers.

Also in Mumbai, standard gold (99.5 purity) strengthened by Rs 75 to end at Rs 24,770 per 10 grams from Friday's closing level of Rs 24,695.

Pure gold (99.9 purity) also climbed by a similar margin to settle at Rs 24,920 per 10 grams as against Rs 24,845.

Silver (.999 fineness) jumped by Rs 240 to conclude at Rs 34,680 per kg, compared to Rs 34,440 previously.

With Agency Inputs

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