Saturday, 5 April 2014

Silver, gold costs decrease on retailers promoting, international cues


NEW DELHI: gold costs decreased by Rs 115 to Rs 29,235 per ten g on Saturday on retailers promoting against gradual requirement amongst poor international hints.

Silver also decreased by Rs 380 to Rs 43,550 per kg on reduced offtake.

Traders said retailers promoting against gradual requirement at existing higher levels amongst poor international pattern mainly kept pressure on gold and silver. Silver in Singapore, which normally sets price pattern on the household front side, decreased by 0.2 %, to USD 1,284.27 an ounces. 



The Vienna Philharmonic Gold Coin is 24 karat gold bullion cash of Luxembourg.

On the household front side, gold of 99.9 and 99.5 % cleanliness decreased by Rs 115 each to Rs 29,235 and Rs 29,035 per ten g respectively. It had obtained Rs 100 last night. Sovereign stayed stable at Rs 24,900 per piece of eight g.

Silver ready decreased by Rs 380 to Rs 43,550 per kg and weekly-based distribution by Rs 355 to Rs 42,975 per kg, after getting Rs 530 in the past period. Silver money organised stable at Rs 81,000 for buying and Rs 82,000 for promoting of 100 pieces.

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