Precious metals slide to eight-week low

Saturday, March 17, 2007, 11:23 [IST]

Mumbai, Mar 14 (UNI) Silver fell to a eight-week low and gold by a seven-week low today on weak global advice during the closing session, traders at the Bombay Bullion Association said.

Following are the closing rates of silver and gold: Silver (per kg) 999 fineness grade : Rs 19,075 (19,355), Gold (per 10 gm): Gold 99.5 purity standard mint : Rs 9,235 (9,345), Gold 99.9 purity pure Gold : Rs 9,285 (9,395).

UNI

Topics: MARKETS-BULLION-CLOSING

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Silver down by 8-wk and gold by 7-wk low

Saturday, March 17, 2007,11:23 [IST]

Mumbai, Mar 14 (UNI) Silver today fell to a eight-week low and Gold to a seven-week low on poor demand and weak global advices with the white metal crashing by Rs 280 per kg and Gold by Rs 110 per ten gm on the Bombay Bullion Exchange. Silver fineness opened at a eight-week low of Rs 19,140 per kg. It crashed further on lack of fresh demand and closed at Rs 19,075 per kg with a massive loss of Rs 280.....

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