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Gold price reaches to Rs 30,950

Gold price has zoomed to Rs 30,950 per 10 grams. Due to wedding season the demand has increased and domestic jewellers also has been buying more. Silver price has also crossed Rs 44,000 per kg on speculative buying. Traders said that buying sentiment became strong among the public due to the festive season. In Delhi, gold of 99.0 percent and 99.5 per cent purity climbed Rs 250 each to Rs 30,950 and Rs 30,800 per 10 grams.