Skip to main content

Gold up, Silver soften


Gold prices made a modest recovery in the domestic bullion market in Mumbai on Saturday on stray local demand at lower levels, despite bearish global cues.
In contrast, silver prices fell in lacklustre trade owing to poor industrial support.

Standard gold of 99.5 per cent purity gained Rs 55 to close at Rs 28,470 per 10 grams, as against Friday's close of Rs 28,415.

In a similar fashion, pure gold of 99.9 per cent purity moved up by Rs 60 to finish at Rs 28,610 per 10 grams, as against Rs 28,550 on Friday.

Silver ready (.999 fineness) eased by Rs 20 to end at Rs 55,270 per kg, as against Rs 55,290 previously.
New York, gold ended lower due to the strong dollar amid weakening equities.
Gold for December delivery retreated by USD 10.20 to USD 1,685.70 an ounce in the Comex division of the NYMEX late Friday.In a similar fashion, December contract silver lost 87 cents to USD 31.01.Media agencies

Comments

Popular posts from this blog

Dear N.K, Over the past few weeks and months,March 2, 2017 Dear N.K, Over the past few weeks and months, we’ve been hard at work in inviting major rail operators to share their success stories at the Rail Power World Congress 2017. I would like to share with you the progress of the premium conferences. We’ve confirmed amazing names like Auckland Transport, Network Rail, RTA Dubai, SNCF, Wiener Linien and more. If you provide energy or power solutions to rail operators and would like to speak alongside senior rail executives, this is the right platform for you. Last 2 speaking slots left in the Rail Power World Congress track for solutions providers
Saina Nehwal win AustralianOpen2016.JUNE 12, 2016EDIT PM Modi  congratulated  Indian ace shutter on her win. Congratulations..!!  beats Sun Yu of China to win. Saina Nehwal clinched her second Australian Open title after defeating China’s Sun Yu in a thrilling three-game final of the Super Series badminton tournament today. The 26-year-old from Hyderabad eked out a 11-21 21-14 21-19 over the World No. 12 Sun in a fighting summit clash that lasted an hour and 11 minutes here. Narendra Modi@narendramodi Congratulations  for the stupendous victory. The entire nation is very proud of your sporting accomplishments. 0 Euro 2016 RussianBrits Fans clashJUNE 12, 2016EDIT Russia equalized less than two minutes before the final whistle, at which point a group of Russian supporters overpowered the stewards separating the two sets of fans. The number of people injured in Marseille clashes over the past three days has risen to 35, according to French daily La …