Posts Tagged ‘ten-gram’
Gold, which had set a new milestone at Rs 18,000 per ten gram in the previous session, opened higher by Rs 80 at Rs 18,080 per ten gram in the Delhi bullion market.
The wedding season is considered the best time for gold jewellers but with the yellow metal soaring to a record nearly Rs 18,000 per ten gram, city jewellers have reported a 25% drop in demand.
Seven months after its first charge sheet in the Satyam scam, CBI filed a supplementary charge sheet against disgraced Satyam founder B Ramalinga Raju and nine others.
Gold prices surged to Rs 17,100 per ten gram in the bullion market on sustained buying by stockists and jewellers to meet the marriage season demand and as investors are moving funds from the dollar into higher-yielding assets.
The stalemate in the discussions between Jet Airways and the agitating pilots continued on Saturday, with no indications of the resolution of the five-day old impasse on the right of pilots to form a union.
Gold rising to an all-time high of Rs 16,200 per ten gram was the feature of trading in the national capital during the past week on brisk buying by stockists and jewellery makers.