News Business Gold tops Rs 27,000, surges Rs 400 to hit 1-month high

Gold tops Rs 27,000, surges Rs 400 to hit 1-month high

New Delhi: Continuing its rising streak for the third straight day, gold on Friday reclaimed Rs 27,000-mark by zooming Rs 400 to hit 1-month high of Rs 27,250 per 10 grams at the bullion market,

gold tops rs 27 000 surges rs 400 to hit 1 month high gold tops rs 27 000 surges rs 400 to hit 1 month high

New Delhi: Continuing its rising streak for the third straight day, gold on Friday reclaimed Rs 27,000-mark by zooming Rs 400 to hit 1-month high of Rs 27,250 per 10 grams at the bullion market, tracking a firming trend overseas amid pick-up in jewellers' buying to meet rising wedding demand. 

Silver also retook the Rs 36,000-level by surging Rs 1,100 to Rs 36,500 per kg on increased offtake by industrial units and coin makers. 

Bullion traders said besides a firming global trend where gold soared to one-month high, continued buying by jewellers and retailers to meet wedding season demand largely influenced the precious metal prices.

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