New Delhi, August 12: Gold prices today rose by Rs 50 to Rs 15,050 per ten gram in the bullion market here on fresh buying by stockists and jewellery makers to meet the current season festival demand.
Marketmen said fresh buying by stockists and jewellery fabricators in view of festival season mainly led to rise in gold prices.
They said global trend which normally sets the price band in domestic markets here failed to impact the prices.
In London, gold lost 5.85 dollar to 940.25 dollar an ounce, the lowest since July 31.
Standard gold and ornaments rose by Rs 50 each to Rs 15,050 and Rs 14,900 per ten gram respectively while sovereign held steady at Rs 12,500 per piece of eight gram.
–PTI