Gold climbs to Rs 1.28 lakh/10g in Delhi on festive demand
New Delhi (PTI): Gold prices climbed Rs 3,500 to Rs 1,28,900 per 10 grams in the national capital on Tuesday amid fresh buying by local jewellers and retailers for the wedding festivities, according to the All India Sarafa Association.
Snapping its three-day losing streak, the precious metal of 99.5 per cent purity appreciated by Rs 3,500 to Rs 1,28,300 per 10 grams (inclusive of all taxes).
Silver prices also witnessed buying interest in tandem with gold. The white metal soared by Rs 5,800 to Rs 1,60,800 per kilogram (inclusive of all taxes).
Traders said demand from local jeweller businesses has picked up for the wedding season.
A weak US dollar against major currencies also boosts the demand for the safe-haven asset.
"Gold prices advanced on Tuesday, buoyed by a softer US dollar and surging December rate-cut expectations, following dovish remarks from Federal Reserve officials," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.
In the overseas market, spot gold was trading 0.09 per cent lower at USD 4,131.09 per ounce in New York, while spot silver fell 0.40 per cent at USD 51.15 per ounce.
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11-year-old dies by suicide after sexual assault in Bareilly; accused arrested
Bareilly (UP) (PTI): A 26-year-old man has been arrested for allegedly sexually assaulting an 11-year-old girl, who later died by suicide due to trauma, police said on Wednesday.
The post-mortem report confirmed sexual assault and multiple injuries on the minor's body, including bite marks and nail scratches. The cause of death was found to be hanging, they said.
According to ASP (South) Anshika Verma, the incident came to light on 27 April, when the girl, a Class 8 student, was found hanging at her home in Deoria Abdullaganj village under the Mirganj police station area. Initially, the family reported the death as suicide and was reluctant to pursue police action.
"The autopsy report changed the course of the investigation. It confirmed sexual assault and noted severe physical trauma. The cause of death was confirmed as hanging," Verma said.
A breakthrough in the case came from the statement of the victim's younger sister, who told police that the accused, Zeeshan (26), a resident of the same village, frequently loitered near the minor's school and allegedly gave her small sums of money to keep his interactions with her a secret, she said.
Police said that on the day of the incident, the accused allegedly lured the minor and assaulted her. Distressed by the incident, the child later took her own life while her mother was away, police said.
"Based on technical surveillance, CCTV footage, and statements from the family, we established Zeeshan's involvement. He was arrested near the Mirganj weekly market on Tuesday," they said.
(Assistance for overcoming suicidal thoughts is available on the state’s health helpline 104, Tele-MANAS 14416.)
