Gold Rises To New High At 23,270 Rupees In Global Indices

Gold rose by Rs 150 to a new high of 23,270 rupees per 10 grams today on sustained buying by retailers, driven to reassert the global trend. Silver has also arranged a return by increasing Rs 1000 to Rs 57,500 per kg on increased withdrawals from the industrial units.

The negotiation was optimistic as the yellow metal has reached record levels on world markets, the fear of growing misery of debt in the United States will increase, thereby increasing its attractiveness as a safe place haven.Gold global markets , which is normally set price trends on the domestic front, rose to a record $ 1594.90 an ounce.

On the domestic front, gold flare of 99.9 and 99.5 percent purity by Rs 150 each set a new record of Rs 23,270 and Rs 23,150 per 10 grams respectively. But the regents remained stable at Rs 18,850 per piece of eight gram, reports PTI.

Ready to go back to silver, and rose to Rs 1000 SR 57 500 per kg and weekly-based delivery RS 1745 RS 58 445 per kilo. The silver denarius has risen to 61 500 rupees for the purchase and sale of Rs 62 500 from the previous close of Rs 61,500 and Rs 62,000 respectively.