Gold climbs, silver slips to new high in 2011 Mumbai
7:53 AM
Unknown
MUMBAI: Gold prices climbed a new peak at the domestic bullion market here today at Rs 22,145 per ten grams on renewed stockists' as well as stray local buying triggered by surging global cues .
Silver, however, dropped owing to reduced speculative buying amid profit-taking.
Standard gold (99.5 purity) edged higher by Rs 15 per 10 grams to finish at Rs 22,145 from Thursday's closing level of Rs 22,130. Pure gold (99.9 purity) also added by a similar margin to settle at Rs 22,250 from Rs 22,235 previously.
However, silver ready (.999 fineness) dropped by Rs 195 per kg to close at Rs 72,910 from yesterday's closing level of Rs 73,105.
In Europe, gold shied away from hitting fresh record highs on the back of a weak dollar. Spot gold was bid at USD 1,536.30 an ounce in early trade, while silver was bid at USD 48.86 an ounce.
Posted in 
Subscribe to:
Post Comments (Atom)
No Response to "Gold climbs, silver slips to new high in 2011 Mumbai"
Post a Comment