Financial Daily from THE HINDU group of publications
Sunday, Mar 26, 2006
Financial Daily from THE HINDU group of publications Sunday, Mar 26, 2006 |
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Agri-Biz & Commodities
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Gold & Silver Sharp gain in precious metals Our Bureau
Mumbai , March 25 Silver prices continued to move ahead with limited buying interest on the local bullion market on Saturday on strong overseas reports. Gold also moved up line with fresh buying interest. Ready silver (.999 fineness) started at Rs 15,070 and ended at a new high of Rs 15,210, a rise of Rs 190 from Rs 15,020. Standard gold (99.5 purity), after a firm start at Rs 8,100, closed at Rs 8,105, a huge gain of Rs 115 from Rs 7,990. Similarly, pure gold (99.9 purity) also resumed strong at Rs 8,145 and continued to rise on persistent support, before finishing at Rs 8,150, revealing a big jump of Rs 120 over the previous close of Rs 8,030. Chennai: Bar silver: Rs 16,250; retail silver (per gm): Rs 17.40; Standard gold: Rs 8,175; retail ornament gold: (22 carat per gm): Rs 757.
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