Showing posts with label bullion market. Show all posts
Showing posts with label bullion market. Show all posts

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 .

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 .

Gold silver Down

Seeing a decline in foreign stockists selling the gold at current levels . This resulted in local bullion market on Monday, the yellow metal tumbled by Rs 510 to Rs 15 per ten grams was 31 thousand . During the past two seasons, it had gained Rs 310 . The drop in demand from jewelers and silver coin manufacturers slipped to Rs 275 . The day closed at 44 thousand Rs 800 per kg . The white metal had climbed to Rs 275 in the last two seasons . Similarly, silver coin of Rs 2,000 to Rs 83,000 to 84,000 per cent arrived at the dive .
Singapore 1245.87 dollars per ounce of gold in the international market . Silver fell to $ 19.79 per ounce declined . The impact was also felt in the domestic market , where the customer and are cautious in buying from fear of fall . Quote of the day gold jewelery in the local market declined by Rs 510 to Rs 815 per ten grams to 30 thousand . Sovereigns of eight grams stayed the same at their former level of 25 thousand 200 rupees . Silver weekly-based delivery by Rs 390 to Rs 885 per kg for the loss of 43 thousand spoken .