Gold recovers on late buying

March 16, 2009

Commodity Online
NEW DELHI : Gold prices climbed up in late trade Monday to finish at Rs 15,320 per ten gram here at the bullion market mainly on fresh advantage buying ahead of the oncoming marriage season.

Standard gold and ornaments rose by Rs 20 each to Rs 15,320 and Rs 15,170 per ten gram respectively but sovereign remained flat at Rs 12,350 per piece of eight gram.

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Silver ready however held steady at Rs 22,000 per kg in limited deals and weekly-based delivery declined by Rs 80 to Rs 22,200 per kg on speculators selling.

Silver coins continued to trade around previous levels of Rs 28,300 for buying and Rs 28,400 for selling of 100 pieces.

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