New Delhi, Sep 10 (PTI): Gold prices rebounded after three sessions of losses, rising Rs 600 to Rs 1,58,600 per 10 gram in the national capital on Thursday on fresh buying by retailers and stockists.
The yellow metal of 99.9 per cent purity closed at Rs 1.58 lakh per 10 gram in the previous session.
Silver also extended its rally for the third consecutive session, climbing by Rs 1,200 to Rs 2,44,600 per kilogram (inclusive of all taxes) from Wednesday’s closing level of Rs 2,43,400 per kg, according to the All India Sarafa Association.
“Gold and silver are edging higher as market participants await US Consumer Price Inflation (CPI) numbers, scheduled for release on Friday, for clues on the Federal Reserve’s September policy decision,” said Gaurav Garg, Head of Research at brokerage platform Lemonn.
