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Thursday, December 1, 2011

Gold Gains, Silver Rebounds On Global Rally

Mumbai, Dec 01: Gold continued its forward march to revisit Rs 29,000 per 10 grams at the bullion market here today on persistent demand from stockists and jewellers triggered by a further rally in global markets.

Silver rebounded smartly on fresh speculative buying amid good industrial off-take.

Standard gold of 99.5 per cent purity strengthened by Rs 85 to close at Rs 29,050 per 10 grams from Wednesday’s close of Rs 28,965.

Pure gold of 99.9 per cent purity hardened by Rs 80 to finish at Rs 29,180 per 10 grams as against Rs 29,100 yesterday.


From: http://ping.fm/A8UHT

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