Gold gains Rs 275, silver Rs 1500

Both gold and silver rebounded in the bullion market here on Tuesday on emergence of buying at prevailing lower levels by stockists and jewellery makers, supported by a rebound in global markets. While gold surged by Rs 275 to Rs 27,015 per 10 grams, silver gained Rs 1,500 to Rs 55,000 per kg.
The trading sentiment turned better after gold rallied in Singapore, as the biggest three-day drop since the failure of Lehman Brothers Holdings Inc. in 2008, encouraged purchases by investors seeking a store of value amid market turmoil. In Singapore, gold gaining for more details....

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