All India Sarafa Association said due to increased buying trend by local jewelers and strong global trading cues Gold price rose by Rs 200 to 33570 per 10 gm. Silver price rose also by Rs 330 to Rs 37890 per kg due to the fresh total purchase of industrial units and coin makers.
Amid of US and China trade war tension, traders moved towards safe zones like Gold and Silver. Spot Gold price was higher globally, the Silver price was also quoting higher. According to traders sentiments are looking bullish .
At MCX Gold August future contract is trading with the gain of 0.50% at 32795.00.