TNI Bureau: Gold prices crossed the Rs 32,000-mark for the first time in India ahead of the wedding season and the festivals. The yellow metal rose by Rs 320 to Rs 32,300 per 10 grams.
The precious metal has gained by Rs 1,555 per 10 grams in last two weeks as it climbed high in the overseas market. Analysts said that the gold prices are likely to be high in the coming days during festival and marriage seasons.
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With the high price, people might go through tough period while making jewelries for the marriages and functions. Gold rose by Rs 320 each to Rs 32,300 and Rs 32,100 per 10 grams for 99.9 and 99.5 per cent purity respectively.
Even silver also rose by Rs 1,100 to Rs 61,100 per kg.
In the international markets of London, the yellow metal also rose by 0.96 per cent to USD 1,709.70 an ounce and silver by 1.8 per cent to USD 32.85 an ounce.