Saturday, 19 January 2013

Gold declines on selling, silver recovers

Gold prices dropped further at the domestic bullion market today on continued selling from stockists and investors on the back of subdued buying interest at the existing levels despite positive overseas cues.

Silver, however, recovered modestly on good speculative offtake.

Standard gold of 99.5 per cent purity fell Rs 105 to close at Rs 30,445 per 10 gm from Thursday's closing level of Rs 30,550.

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