November 17, 2009 3:21 PM

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Gold prices crosses Rupees 17,000 Rupees level in early trade

Gold prices crossed the 17,000 Rupees level for the first time in the history in early trade in the bullion market on Tuesday on sustained buying by stockists and jewellers influenced by overnight rally in New York.Silver, too, rallied to an all-time high of 28,355 rupees on persistent demand from industrial users. Standard gold (99.5 purity) hardened by Rs 105 per ten grams to resume at 17,035 rupees from the overnight closing level of 16,930 rupees.

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