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Valuable Metals Glitter on Rising Demand During Marriage Season

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Valuable Metals Glitter on Rising Demand During Marriage Season

October 29
16:57 2014

gold newNew Delhi, Wednesday, October 29 – The rise in wedding season demand for the yellow and white metals has brought the shine back to the bullion market. The spirit to buy gold was slightly dampened after Dhanteras and Diwali festivals, but since marriage period is on, people are making sure to purchase as much as ornaments they can. Traders also make sure they meet their demand and this has made gold to mount by INR 10 to INR 27,500 per 10 gm in Delhi today.

Story was no different for the other metal as well and soared solidly by INR 150 to INR 38,400 per kilo gram. Rates of both gold and silver have been feasible in 2014 as compared to previous years and this is the major reason why a different sort of excitement is visible on the customers’ faces. They seem to have got the essence that jewellery, bars and coins can be taken home by paying reasonable sums, which is not intended to burn a hole in the pocket. The current increase in rates points out the fact that same sort of scenario will continue for some more time.

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