Gold Prices Rise For Fifth Day In A Row: 5 Things To Know

New Delhi: Gold price continued their upward march for the fifth day, rising by Rs 60 to Rs 32,300 per 10 grams, reported Press Trust of India. Higher global prices and increased buying by local jewellers helped support domestic gold prices. Gold prices had gained Rs 260 in the previous four days. Silver prices also rose today, gaining by Rs 200 to Rs 40,770 per kg, supported by increased offtake by industrial units and coin makers, according to the report. The weakening of the rupee against the dollar makes imports of gold costlier. Globally gold remained in a tight range after 10-year US bond yield rose back to the psychologically important 3 per cent mark, pushing the US dollar higher.

Here are 5 things to know about gold rate today: