Monday, January 13, 2014

Gold And Silver down On Selling ground

Declining domestic demand at existing high prices of precious metals profits made ​​by the stockists . This Saturday at the local bullion market gold tumbled by Rs 500 to Rs 100 per ten grams was 31 thousand . It had gained Rs 300 a day . Similarly, buying support from industrial units and coin makers sharp fall victim to lack of silver . The day after it weakened to Rs 570 to Rs 300 per kg reached 45 thousand .
Bullion traders said that despite the ongoing marriage season buying by retail customers is weak due to high prices . The impact is visible in the market . Gold jewelery in the local market price of Rs 500 per day, 30 thousand 900 rupees per ten gram come . Break of eight grams of Rs 25,200 to Rs 100 guineas . Silver weekly-based delivery by Rs 575 to Rs 545 per kg to 44 thousand spoken weakness . Silver coins also declined by Rs 1,000 per cent to close at Rs 83,000 to 84,000 .

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