December 22, 2024, 09:56:05 AM
collapse

Author Topic: GOLD DOWN BY RS 265, SILVER BY RS 2,425  (Read 431 times)

Offline manpreet singh boston

  • Local Moderator
  • Jimidar/Jimidarni
  • *
  • Like
  • -Given: 12
  • -Receive: 132
  • Posts: 1985
  • Tohar: 95
  • Gender: Male
  • Manpreet Singh Khalsa
    • View Profile
  • Love Status: Single / Talaashi Wich
GOLD DOWN BY RS 265, SILVER BY RS 2,425
« on: November 19, 2011, 10:42:08 AM »
 Both the precious metals, gold and silver, extended losses for the second straight session on Friday, on heavy selling by stockists amid steep fall in their prices in global markets.
While gold tumbled by Rs 265 to Rs 29,090 per 10 grams, silver dropped by a whopping Rs 2,425 to Rs 55,075 per kg on reduced offtake by jewellers and industrial users. Poor demand at existing higher levels further dampened the trading sentiment, traders said.
Gold fell the most in more than seven weeks in global markets, as commodities and equities slumped after ratings agency Fitch said that US banks face a “serious risk” from Europe’s debt woes. They said poor demand at existing higher levels was another dampening factor for the metal. Gold in global markets, which normally sets the price trend on the domestic front, plunged by $42.30 to $ 1,719.90 an ounce and silver by 5.91 per cent to $31.81 an ounce in New York on Thursday evening.
On the domestic front, gold of 99.9 and 99.5 per cent purity plunged by Rs 265 each to Rs 29,090 and Rs 28,950 per 10 gram. It had lost Rs 85 on Thursday. However, sovereigns remained flat at Rs 23,300 per piece of eight grams in restricted buying. In a similar fashion, silver ready dropped by Rs 2,425 to Rs 55,075 per kg and weekly-based delivery by Rs 2,730 to Rs 54,475 per kg. Silver coins also tumbled by Rs 3,000 to Rs 62,000 for buying and Rs 63,000 for selling of 100 pieces.

Database Error

Please try again. If you come back to this error screen, report the error to an administrator.

* Who's Online

  • Dot Guests: 1807
  • Dot Hidden: 0
  • Dot Users: 0

There aren't any users online.

* Recent Posts

fix site pleae orrrr by ☬🅰🅳🅼🅸🅽☬
[November 01, 2024, 12:04:55 AM]


your MOOD now by Gujjar NO1
[October 09, 2024, 12:31:28 PM]


Best DP of the Week by Gujjar NO1
[October 08, 2024, 05:24:20 AM]


PJ te kinnu dekhan nu jii karda tuhada ??? by mundaxrisky
[September 15, 2024, 05:45:10 PM]


~~say 1 truth abt the person above ya~~ by mundaxrisky
[September 15, 2024, 05:41:15 PM]


This Site Need Fix/Update by mundaxrisky
[August 20, 2024, 04:41:58 PM]


Request Video Of The Day by mundaxrisky
[July 09, 2024, 04:24:48 PM]


Majh on sale by Gujjar NO1
[April 07, 2024, 03:08:25 PM]


Hello Old Friends/Friendaynaz by Gujjar NO1
[March 14, 2024, 03:42:51 AM]


Test, just a test by Gujjar NO1
[March 11, 2024, 12:32:30 PM]


Good morning (first word ki keha) by Gujjar NO1
[February 27, 2024, 01:10:20 AM]


Throw something at the user above u by Gujjar NO1
[February 26, 2024, 01:13:56 PM]


Just two line shayari ... by Gujjar NO1
[February 15, 2024, 10:46:34 AM]


which pj member do u miss ryt now? by ❀¢ιм Gяєωʌℓ ❀
[August 30, 2023, 03:26:27 AM]


Hello Old Friends/Friendayna by ☬🅰🅳🅼🅸🅽☬
[July 07, 2023, 08:01:42 AM]


ਚਿੱਟਾ ਤੇ ਕਾਲ਼ਾ ਆਊਡੀਓਬੂਕ by ਰੂਪ ਢਿੱਲੋਂ
[March 30, 2023, 07:50:56 PM]


What is the first thing you do, when you wake up in the morning? by Cutter
[January 12, 2023, 08:23:23 AM]


Chita Te Kala Novel Latest Review by ਰੂਪ ਢਿੱਲੋਂ
[September 14, 2022, 07:03:31 PM]


Book Review by ਰੂਪ ਢਿੱਲੋਂ
[May 19, 2022, 05:25:18 PM]


Books, Novels & Stories by ਰੂਪ ਢਿੱਲੋਂ
[May 19, 2022, 05:20:16 PM]


New Book Release: Chita Te Kala Novel by ਰੂਪ ਢਿੱਲੋਂ
[May 19, 2022, 05:06:16 PM]


What Is the Best Compliment You've Ever Received? by mundaxrisky
[October 15, 2018, 07:24:41 PM]


Last textmessage that u received by mundaxrisky
[October 15, 2018, 07:12:26 PM]


name one thing you can't live without ? by mundaxrisky
[October 15, 2018, 07:09:02 PM]


ONE thing you wish you could do RIGHT NOW... by mundaxrisky
[October 15, 2018, 07:03:57 PM]