Gold Advances On Rising Demand, Silver Slides

Gold maintained its rising trend at the bullion market here today on sustained investment as well as jewellery demand on the back of bullish global cues.

Silver, however, declined further following moderate speculative selling amidst sluggish industrial demand.

Standard gold of 99.5 per cent purity rallied Rs 155 to end at Rs 28,965 per 10 grams from Tuesday’s close of Rs 28,810.

Pure gold of 99.9 per cent purity surged by Rs 160 to close at Rs 29,100 per 10 grams as compared to Rs 28,940 previously.

From: http://ping.fm/yqO5U