Gold surges to Rs 28,800 : The Tribune India

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Gold surges to Rs 28,800

NEW DELHI: Gold prices soared further by Rs 215 to Rs 28,800 per 10 grams at the bullion market today on a firming trend overseas amid increased buying by jewellers to meet the ongoing wedding season demand.

Gold surges to Rs 28,800


New Delhi, February 11

Gold prices soared further by Rs 215 to Rs 28,800 per 10 grams at the bullion market today on a firming trend overseas amid increased buying by jewellers to meet the ongoing wedding season demand.

At 18-month high, it is the longest winning streak for the yellow metal this year.

Bullion traders said a firming global trend where gold jumped to the highest level in eight months after Federal Reserve Chair Janet Yellen signalled that the US central bank may delay further interest-rate increase should the turmoil in global markets continue, boosted the sentiment here. — PTI

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