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News About Precious Metals
In the global markets, the precious metals fell as Gold was registered at USD one,212.00/1,212.02 per troy ounce, and Silver was at USD 18.27/18.twenty eight per troy ounce from their previous day's levels, traders added. At end of the day, both additional slipped and ended at Rs eighteen,four hundred and Rs 18,485 respectively on persistent offloading by stock holders. Normal gold and pure gold types opened lower by Rs a hundred and sixty per 10 gm each in the opening session. Following were the closing rates of spot silver and gold: Silver (per kg).999 grade : Rs 29,805 (29,820) Gold (per 10 gm): Gold 99.5 purity Commonplace mint : Rs eighteen,400 (eighteen,570) Gold 99.nine purity Pure gold : Rs 18,485 (eighteen,655)
Afterwards, the white metal lost earth slightly by Rs 15 per kg from its previous close to end at Rs twenty nine,805 on sluggish demand by local buyers. The precious metals witnessed a negative trend for the second consecutive day nowadays with Gold plunging by Rs 170 per ten gm to settle at Rs eighteen,400 and Silver declined slightly by Rs fifteen per kg to Rs 29,805 on significant selling pressure from industrial users and discouraging international recommendation, traders at the Bombay Bullion Association (BBA) said.
Silver.999 fineness variety opened at twenty nine,825 per kg, up by Rs five, on improved demand from industrial users. Invest in Gold, Silver, and Platinum
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