Gold surged Rs150 and in a new high of Rs 23,270 per 10 grams. Silver also staged a strong come back by increasing Rs 1,000 to Rs 57,500 per kg.
Trading trends turned bullish as the yellow metal to a record high in global markets, on mounting
concern that debt woes in the US will escalate, boosting its appeal as a safe haven.
concern that debt woes in the US will escalate, boosting its appeal as a safe haven.
Gold in global market , which is always a trend setter in price hike and that is in a great record $1,594.90 an ounce.
On the domestic market;-
Gold of 99.9% -23,270 per 10 grams.
Gold of 99.5% -23150 per 10 grams.
Piece of eight grams -18850
Silver ready bounced back and increase by Rs 1,000 to Rs 57,500 per kg and weekly based delivery by Rs1,745 to Rs 58,445 per kg. Silver coin rose by Rs 61,500 for buying and Rs 62,500 for selling as against last close of Rs 61,500 and Rs 62,000, respectively.
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