Gold Price Hiked

New Delhi, April 12: Gold Price soared by Rs 300 to trade at Rs 32,150 per ten gram at the bullion market today on positive global cues amid continued buying by local jewelers.

Brisk buying by local jewellers to meet retailer demand in the domestic spot market pushed up gold prices, marketmen said.

Silver also increased by Rs. 240 per kilogram, reclaiming the Rs. 40,000 per kilogram level on Thursday.

The precious metal had gained Rs 500 in the previous four sessions. Sovereign also edged up by Rs 100 to Rs 24,900 per piece of eight grams.

In line with gold, silver ready rose further by Rs 240 to Rs 40,000 per kg and weekly-based delivery rose by Rs 225 to Rs 39,000 per kg.