Thursday, April 3, 2008

Gold trades higher by Rs 125 in local mkt

Gold prices recovered by Rs 125 per 10 grams to resume at Rs 11,685 on the bullion market here on Thursday on renewed stockists buying, reports Economic Times.

Standard gold (99.5 purity) opened higher at Rs 11,685 as against the yesterday`s closing level of Rs 11,560. Pure gold (99.9 purity) also started higher at Rs 11,745 as against Rs 11,615 previously.

Silver prices firmed up further on sustained industrial demand. Silver ready (.999 fineness) rose to Rs 23,050 from Rs 22,790.

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