Gold
prices progressive by Rs50 to Rs31,100 per 10 grams at the bullion market on
Wednesday on constant buying by local jewelers bounce off weak global cues.
However, silver prices slipped by Rs230 to Rs40,070 per kg.
Traders said continued buying by local jewelers, forced by continuing wedding
season, mainly kept gold prices higher but a weak trend abroad defined the
gains. Globally, gold rate fell 0.34% to $1,333.50 an ounce and silver by 0.35%
to $17.12 an ounce in Singapore.Read More:- Gold Market Status
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