However, silver recovered by Rs 130 to Rs 35,330 per kg on scattered buying by industrial units and coin makers.
Bullion traders said easing demand from jewellers and retailers at prevailing levels mainly kept pressure on gold prices. They said, however, firm global trend where gold gained on weakness in the dollar, capped the fall.
Globally, gold climbed 0.4 percent to USD 1,125.48 an ounce and silver rose 0.1 percent to USD 14.80 an ounce after advancing 2 percent yesterday in Singapore. http://post.jagran.com/gold-remains-weak-on-sluggish-demand-silver-recovers-1441794692
Bullion traders said easing demand from jewellers and retailers at prevailing levels mainly kept pressure on gold prices. They said, however, firm global trend where gold gained on weakness in the dollar, capped the fall.
Globally, gold climbed 0.4 percent to USD 1,125.48 an ounce and silver rose 0.1 percent to USD 14.80 an ounce after advancing 2 percent yesterday in Singapore. http://post.jagran.com/gold-remains-weak-on-sluggish-demand-silver-recovers-1441794692
Source: Business News
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