Tuesday, January 20, 2015

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Gold recovers Rs 28,000 demands on the mark

Pursuing its rising streak for the third successive day, gold hits the Rs 28,000 levels after over four months by gaining profit of Rs 100 in the bullion market in the national capital today. Precious metal increased to Rs 28,080 per ten grams largely on the back of assisted buying by jewelers and retailers to meet ongoing wedding season desired focus a firming global trend. 

Silver, slide by Rs 45 to Rs 39,100 per kg owing to subdue desired at prevailing levels.

From comfort buying by jewellers and retailers to meet increasing wedding season demand, a firming global trend mainly raised the sentiment. Gold rose to almost four-month max ahead of European Central Bank policy makers meet to discuss introduction of new stimulus.

Silver slide by Rs 45 to Rs 39,100 per kg and weekly based delivery by Rs 90 to Rs 39,070 per kg.
Silver coins persist constant at Rs 63,000 for buying and Rs 64,000 for selling of 100 pieces.

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