Due to the global uptrend and increased domestic demand, gold rose by Rs 340 to Rs 29,890 per 10 grams for the highest level of two months on Thursday. Silver also managed to overcome the psychological level of 40 thousand rupees. According to traders, the continuation of tension between the US and North Korea has raised the demand for precious metals in the form of safe investment. It has stressed their expressions. At the same time, they got support from the demand in the domestic spot market. Globally, gold in Singapore rose 0.09 per cent to $ 1278 per ounce. Silver shine 0.44 per cent to $ 16.99 an ounce.
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