Gold and silver Trend

Gold showed a bullish trend in the international market though it was weak in the domestic market. Gold rose by Rs 25 per 10 grams in the local market to Rs. 32,525. while the white metal showed no uptrend and stayed at its previous trading price. Silver price per kilo remained constant at Rs 61,900.

Gold Silver Tips

Gold in global markets remains strong. Traded in London Metal exchange at $ 1768.70 an ounce of gold was recorded during the top level is close to six and a half months record. However, due to the decrease in the demand of Silver to $ 34.49 per ounce. The white metal fell 0.3 per cent.

Federal Reserve better employment outlook in the U.S. economy $ 40 billion every month until the pump was announced. The atmosphere was encouraging in worldwide markets. However, despite the boom in overseas markets local bullion gold - silver prices showed a relatively moderate weakness.

In the local market, gold gained Rs 25 to Rs 32 525 per ten gram reached. Guinea continued to Rs 25,450. Silver remained at Rs. 61,900 per kg. Silver coins lost Rs 1,000. Silver coin buying and selling was decreased. The buying of Silver coins were at Rs.77,000 and the Selling was at Rs. 78,000 per hundred.