Gold price raised up to 31,200 in India

Gold price raised up to 31,200 in India:  Continues fluctuation in these days Gold price is jumped up to 31,200 in a day difference in New Delhi. Gold of 99.9% and 99.5% purity  raised 1000 per ten grams.Primary reason to hike the price would be up coming festival season, festivals again encouraging the crowd to buy more ornament for their loved ones.
The demand for Gold will continue for a while as auspicious days of 'Navratras' and  'Diwali' is on the way.

The price Silver is also moved to up side up to  Rs.49,680 per kg by gaining of  Rs.1,225.

The price of Gold and Silver is in New York 1.1 per cent to USD 1,339.20 an ounce  and 0.3 per cent to USD 21.83 an  ounce respectively. Stockists are increasing  the gold  stock to meet the demand of festivals and Marriages in near future

Investors are treating the Gold investment is an alternative investment option, so the demand of Gold is increasing as usual. Silver coins spurted by Rs 2,000 to Rs 86,000 for buying and Rs 87,000 for selling of 100 pieces. The yellow metal had lost Rs 345 in last two trading sessions.Sovereign also rose by Rs 100 to Rs 25,100 per piece of eight gram.