Gold, silver rise on global cues

New Delhi-India (July 9)  Gold prices rose by Rs 65 to Rs 28,125 per ten gram in the national capital on Wednesday on fresh buying by jewellers and retailers, tracking a firm global trend.

Silver also moved up by Rs 200 to Rs 45,100 per kg on increased offtake by industrial units and coin makers.

 Traders said besides fresh buying by jewellers and retailers, firm global trend as a drop in equities and the dollar spurred demand for an alternative investment mainly boosted the sentiment.

Source: TimeOfIndia