New Delhi, October 17: The Samvat year 2066 opened on a cheerful note with gold prices rising by Rs 50 to Rs 16,070 per ten gram on the bullion market here today as stockists started their new accounts in the special trading session.
Traders, who made token transactions on the first day of the Samvat year after performing puja, mainly supported the precious metal to end with gains.
Retailers purchasing on the occasion, considered to be an auspicious day for making new purchases, aided the uptrend amid reports of a firming-up trend in international markets.
Gold in the global markets gained USD 2.20 to USD 1,052.80 an ounce and silver added 0.08 cents to USD 17.42 an ounce.
Standard gold and ornaments traded Rs 50 higher at Rs 16,070 and Rs 15,920 per ten gram respectively, while sovereign held unchanged at Rs 12,950 per piece of eight gram.
–PTI