India, July 30 -- Gold prices bounced back on Wednesday, ending a five-day losing streak, with a sharp rise of Rs 700 to Rs 98,520 per 10 grams in the national capital. The rebound was driven by renewed buying from stockists, according to the All India Sarafa Association.

On Tuesday, gold of 99.9 per cent purity had closed at Rs 97,820 per 10 grams.

Meanwhile, gold of 99.5 per cent purity also saw an uptick, gaining Rs 650 to reach Rs 98,200 per 10 grams (inclusive of all taxes), up from its previous close of Rs 97,550.

Published by HT Digital Content Services with permission from Dion Global Solutions Limited....