Gold crosses Rs 33,000-mark, silver firms up
New Delhi: Gold prices surged by Rs 425 to Rs 33,215 per 10 gram in the national capital Monday due to increased buying by jewellers amid firm trend overseas, according to the All India Sarafa Association.
Silver too rose by Rs 170 to Rs 38,670 per kg on increased offtake by industrial units and coin makers.
Traders said, positive trend overseas and rise in demand from local jewellers led to upward movement in the prices of yellow metal.
In the international market, spot gold was trading higher at USD 1,298.30 an ounce, while silver moved upward to USD 15.23 an ounce in New York.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity rose by Rs 425 to Rs 33,215 and Rs 33,045 per 10 gram, respectively.
On Saturday, the yellow metal had closed at Rs 32,790 per 10 gram.
However, sovereign gold held steady at Rs 26,400 per eight gram.
Silver ready advanced by Rs 170 to Rs 38,670 per kg, while weekly-based delivery gained Rs 594 to Rs 37,753 per kg.
On the other hand, silver coins held flat at Rs 80,000 for buying and Rs 81,000 for selling of 100 pieces.
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Vartha Bharati reporter Ismail Kandakare gets prestigious PaGo award 2024
Vartha Bharati Kodagu District Special Correspondent K.M. Ismail Kandakare has been selected as the recipient of the prestigious PaGo award by the Dakshina Kannada District Working Journalists Association this year. The award-winning report, titled 'Give way or give way to death,' was published in the 'Vartabharati' newspaper on April 6, 2023.
The selection committee, comprising Senior Journalist Keshav Kunder and Journalism Lecturer Guruprasad T.N., chose Kandakare's report for its quality and impact. The award includes a cash prize of Rs. 10,001 along with a souvenir.
Kandakare, who holds a certificate course in Diploma in Journalism from Karnataka Open University, has previously been recognized for his journalistic contributions. He has received the Best Sports Reporting Award from both the Kodagu District Working Journalist Association and the Kushalanagar Taluk Working Journalist Association. Additionally, Kandakare's debut work, 'Mariam,' was published in 2021.
Apart from his journalistic endeavors, Kandakare is also involved in football, serving as both a player and coach. He currently works as a referee for the Karnataka State Football Association.
The award ceremony is scheduled to take place on May 9 at 11 AM at the Mangalore Press Club. Mangalore University Vice-Chancellor Prof. P L Dharma will present the award, while senior journalist Chidambara Baikampadi will deliver a speech as the guest speaker. The event will be presided over by Srinivas Naik Indaje, the president of DK District Working Journalists' Association, with Jitendra Kundeshwar, the general secretary of the association, coordinating the proceedings.
