Gold Jumped to Rs. 32,500, Silver at Rs. 62,000

Despite being stable in the international market, the yellow metal rose Rs. 50 and reached a level of Rs. 32,500 per 10 grams in the country's capital, New Delhi yesterday.  The white metal also steadied itself by Rs. 200 and was at Rs. 62,000 per kg.

While in the international market, in London, gold fell 0.1 per cent to $1,733.75 per ounce and Silver rose 0.1 percent to $33.69 per ounce.

Price of the precious metals-Silver and Gold rose in the domestic market due to the boom in the prices in the overseas market.

The gold coin, "Guinea" also gained Rs. 100 to reach at Rs.25,400 per eight grams. Silver trading was seen in a better pace.

While silver futures surpassed the level of 64 thousand reached 64 230 per kg. Despite the rapid buying silver coins - Rs 77000-77000 per cent on the selling price remained stable. Traders say that the subscription is not due to higher prices, but the effect of the recent surge is internationally visible. The pressure from Rupee is also having an adverse impact on the rise in price of gold .