Sunday, January 12, 2014

Gold Silver Improves

Looking upward trend in foreign buying on Friday turned out to be sporadic in both precious metals . The day at the local bullion market gold reformed by Rs 105 to Rs 320 per ten grams to 31 thousand . The yellow metal had slid to Rs 410 in the past two days . Similarly, silver rose by Rs 100 to Rs 900 per kg and closed at 44 thousand . During the past two seasons had declined to Rs 990 in the metal .
In Singapore , gold bullion market rose to $ 1249.90 per ounce . The impact was also felt on the domestic market . Gold jewelry

in the local market prices improved by Rs 105 to Rs 120 per ten grams to 31 thousand . Rs 25 thousand 200 guineas at the previous level of eight grams stayed the same . Silver weekly-based delivery by Rs 30 to Rs 80 per kg bid with modest gains were 44 thousand . Silver coins per cent from 84,000 to 85,000 remain level during the day .

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