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Gold prices firmed up further at the bullion market here today on sustained off-take by jewellery stockists as well as good local buying support despite weak global sentiment. Silver, on the other hand, slipped modestly owing to reduced industrial demand. Standard gold (99.5 purity) rose by Rs 60 to finish at Rs 27,895 per 10 grams as compared to Thursday's closing level of Rs 27,835. Pure gold ...
The Indian rupee posted its biggest fall in half a year on Friday, as the rally in the dollar in global markets spurred banks to buy the greenback for their corporate clients, prompting mild intervention from the central bank. The partially convertible rupee almost breached the 60.19 level, last seen on April 23, tracking broader falls in Asian currencies. Whether the dollar sustains those gains ...
Gold prices firmed up further at the bullion market here today on sustained off-take by jewellery stockists as well as good local buying support despite weak global sentiment. Silver, on the other hand, slipped modestly owing to reduced industrial demand. Standard gold (99.5 purity) rose by Rs 60 to finish at Rs 27,895 per 10 grams as compared to Thursday's closing level of Rs 27,835. Pure gold ...
Gold firmed on Friday, edging further above the previous day's six-week low as the dollar steadied off a 10-month peak, but moves were muted ahead of key U.S. payrolls data which could prompt a further wave of selling. The payrolls numbers follow a raft of upbeat reports on the U.S. economy, including signs of an improving job market. Data showing the biggest rise in labour costs in 5-1/2 years in ...
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