Saturday 11 July 2015

Share Market Tips : Gold Weakens On Inactive Demand While Silver Strengthens

Share Market Tips

                                                       Gold & Silver



                                                 Share Market Tips                          
          
Gold eased by Rs 40 to Rs 26,330 per ten grams at the bullion market on Friday owing to loose demand from Jewellers even as the metal reinforced overseas. Silver, although, goes up by Rs 10 to Rs 35,510 per kg.

Bullion traders set down to fall in gold prices to moderate demand from Jewellers & Retailers at present levels. But, A firming trend in the precious metal overseas, covered the losses.Worldwide, gold added on 0.4 % to USD 1,163.73 an ounce in Singapore.

In the national capital, gold of 99.9 and 99.5 percent purity moved down by Rs 40 each to Rs 26,330 and Rs 26,180 per 10gms, Particularly. The precious metal earned Rs 200 yesterday.

Sovereign also fell by Rs 100 to Rs 23,000 per piece of 8 gms.Although, silver ready ended higher by Rs 10 to Rs 35,510 per kg & weekly-based delivery gone up by Rs 185 to Rs 35,465 per kg.

Silver coins although, continued to be traded at last level of Rs 53,000 for buying & Rs 54,000 for selling of 100 pieces.

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