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Gold tops Rs 27,000-mark on global cues, seasonal demand

New Delhi:  Rising for the third straight day, gold regained the Rs 27,000-mark by gaining Rs 200 at the bullion market today in line with a firm global trend amid pick up in wedding season

PTI PTI Published on: September 01, 2015 15:06 IST
gold tops rs 27 000 mark on global cues seasonal demand
gold tops rs 27 000 mark on global cues seasonal demand

New Delhi:  Rising for the third straight day, gold regained the Rs 27,000-mark by gaining Rs 200 at the bullion market today in line with a firm global trend amid pick up in wedding season buying by jewellers. 

Silver too continued its upward journey and rose by Rs 150 to Rs 35,150 per kg on increased offtake by industrial units and coin makers.

Bullion traders said a firming global trend where gold extended its best monthly gain since January after a factory gauge in China shrank to a three-year low, deepening concern about the slowdown in the world.

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