November 5, 2010 10:25 AM

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Gold sizzles on Diwali eve

Gold rose 110 rupees, on the eve of Diwali to Rs. 19,850 per ten grams at Delhi's bullion market, on fresh buying amid a firm trend in the global markets. Silver held steady at Rs. 37,600 per kilo. Gold in the Asian region added 0.7 per cent, to over 1,357 dollars an ounce, as the dollar fell to a near nine-month low, after the US Fed said it will purchase more government debt. Gold is up 23 per cent this year.

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