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Thursday, April 26, 2012

Gold price up by Rs 100

Gold today hit a fresh over four months high by adding Rs 100 to Rs 29,340 per 10 grams on high seasonal buying support.

However, silver remained weak for the third straight day and lost Rs 200 to Rs 56,000 per kg on reduced offtake by industrial units and coin makers.

After climbing Rs 350 in last five trading sessions, gold advanced further on increased buying by stockists and jewellers to meet the ongoing marriage season demand amid a firming trend in global markets. The yellow metal had touched this level on December 10 last year.

From: http://ping.fm/Tk0bk

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