Gold gains for 3rd day

January 12, 2014

New Delhi-India (Jan 12)   Rising for the third straight day, gold prices rose by another Rs 45 to Rs 30,215 per 10 gm in the national capital today on increased buying by stockists and jewellers to meet the upcoming marriage season demand amid a strong global trend.

Silver also jumped by Rs 490 to Rs 44,800 per kg on increased offtake by industrial units and coin makers.

Traders said increased buying by stockists and jewellers to meet the ensuing wedding season demand mainly influenced gold prices.

On the global front, gold rose by 1.4 per cent to $1,246.90 an ounce, while silver by 2.7 per cent to $20.22 an ounce in New York.

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