login
  • SUBSCRIBER
  • User Name
  • Password
  • Remember Me
ad
21 Nov 2009, 10:26 HRS IST
Chennai: 28°C
mostly_sunny
Kolkata: 16°C
haze
Mumbai: 28°C
haze
Delhi: 18°C
haze
  • Sachin Tendulkar greets Gautam Gambhir
    Sachin Tendulkar greets Gautam Gambhir
    IIM students take part in a candle light march
    IIM students take part in a candle light march
    An armed security guard on duty at Parliament House
    An armed security guard on duty at Parliament House
    Obama shakes hands with South Korean Prez Lee Myung-bak
    Obama shakes hands with South Korean Prez Lee Myung-bak
    The first women observers of Indian Navy in Kochi
    The first women observers of Indian Navy in Kochi
    Artistes perform a fusion of Indian and Spanish dance
    Artistes perform a fusion of Indian and Spanish dance
    Thai mahouts and their elephants take part in a buffet
    Thai mahouts and their elephants take part in a buffet
    MoS for Commerce and Industry Jyotiraditya Scindia
    MoS for Commerce and Industry Jyotiraditya Scindia
    Bollywood star Amitabh Bachchan meets Milind Soman
    Bollywood star Amitabh Bachchan meets Milind Soman
    An illuminated Santa Claus lights up Berlin
    An illuminated Santa Claus lights up Berlin
    Partial view of Space Shuttle Atlantis' payload bay
    Partial view of Space Shuttle Atlantis' payload bay
    A walks the ramp during a fashion show in New York
    A walks the ramp during a fashion show in New York
PTI
PTI
search
search
Select
News
Welcome Guest! You Are Here: Skip Navigation LinksHome Business
add
add
  • Gold prices close in Rs 17K per 10 gram level
  • Advertisement
  •  Share
  • Print Print
  •  E-mail
  • Comments Comment
  • [ - ] Text [ + ]
STAFF WRITER 15:50 HRS IST

New Delhi, Nov 7 (PTI) Gold prices today spiked to a new high of Rs 16,900 per 10 gram in the bullion market here on strong marriage season demand amid firmimg global trends.

Gold gained Rs 75 to close at Rs 16,900 per 10 gram, a level never seen before. The precious metal in the US markets scaled a new high of 1,099 dollar an ounce.

Marketmen said fresh buying by stockists and jewellery fabricators to meet the demand during the marriage season and strong global cues led gold to touch an all-time high level.

They said the precious metal, which has been on a record setting spree since last few trading sessions, also influenced by the Reserve Bank of India's move to buy 200 tonnes of gold from the IMF, raising speculation that more countries would follow suit.

  • Post your comments
  • Also in This Section