August 27, 2011 9:23 PM

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Gold up by Rs 950 per ten grams

Gold prices rose 950 rupees per 10 gram, the second biggest one-day gain, to regain the 28,000 rupees level, to 28,090 in Delhi's bullion market, on Saturday, on heavy buying, driven by a recovery move in global markets. Silver jumped 2,100 rupees, to 64,600 rupees per kilo.In global markets, gold shot up in New York after Federal Reserve Chairman offered no plan to provide further stimulus for the US economy. Yellow metal rose 58 dollar, to 1,829 dollar an ounce.

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