Investment Opportunity In Gold and Silver on Dhanteras

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GET FREE TRIAL CALL 91-7415033556 Investment
Opportunity In Gold and Silver on
Dhanteras Demand for bullion is expected to pick
up ahead of upcoming festivals in India such as
Dhanteras and Diwali, when gold is traditionally
given as a gift. Gold prices eased at the
domestic bullion market here ahead of Dhanteras
festival, while silver too turned weak owing to
lower demand from consuming industries.
Spot gold was little changed at USD 1,268.31 per
ounce at 0111 GMT.
The safe-haven asset is up about 0.2 percent so
far this week.
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GET FREE TRIAL CALL 91-7415033556 Commodity
Tips Standard gold (99.5 purity) declined by Rs
50 to close at Rs 30,060 per 10 grams from
Wednesday's closing level of Rs 30,110. Pure gold
(99.9 purity) also went down by a similar margin
to finish at Rs 30,210 per 10 grams as against
Rs 30,260 previously. Silver (.999 fineness) to
moved down by Rs 10 to conclude at Rs 43,090 per
kg from Rs 43,100 previously. Free MCX Tips
Globally, gold rose marginally, on track to end
the week barely changed as the market waited for
more signs about the timing of an expected US
interest rate rise from the Federal
Reserve. Silver was up 0.6 per cent at 17.69 an
ounce.
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Happy Dhanteras To All
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GET FREE TRIAL CALL 91-7415033556 The market
has opened lower as the Sensex is down 82.48
points or 0.3 percent at 27833.42. The Nifty is
down 18.60 points or 0.2 percent at 8596.65.
About 557 shares have advanced, 268 shares
declined, and 48 shares are unchanged. ONGC,
Tata Motors, Maruti, Hero and Axis Bank are top
gainers while HDFC, ICICI Bank, GAIL, Asian
Paints and Bharti Airtel are losers in the
Sensex.