Bullion prices increase as holiday season kicks in

, December 28

The bullion has again gone up after declining for a few weeks in the domestic market in the trading week between December 22 and 27.

According to the of and Silver Dealers’ Association (- GoSiDA), was traded at Rs 71,600 per tola on Sunday that went up by Rs 300 a tola on Monday to be traded at Rs 71,900 per tola. On Tuesday, price settled at Rs 72,200 per tola rising by Rs 300 a tola.

On Wednesday, price of the yellow metal stood at Rs 72,800 per tola, increasing by Rs 600 a tola and it remained constant on Thursday. On Friday, gold price jumped up by Rs 500 a tola to close the trading week at Rs 73,300 per tola.

Compared to the previous week’s closing rate of Rs 71,600 per tola, gold price increased by Rs 1,700 per tola in this review period.

Likewise, silver price also increased slightly during the review period.

As per FeNeGoSiDA, silver was traded at Rs 855 per tola on Sunday and went up by five rupees a tola on Monday to Rs 860 per tola. On Tuesday, price of the grey metal increased by Rs 15 per tola to Rs 875 a tola and on Wednesday it reached Rs 885 a tola, increasing by Rs 10 per tola. On Thursday, silver price went up by five rupees a tola to be traded at Rs 890 per tola and it remained constant on Friday.

Read the full article on The Himalayan Times.

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