Gold prices recover modestly - ZENMoney

Gold prices recovered modestly at the domestic bullion market today on renewed off-take from stockists and traders amid some local buying interest at the existing low levels. They said sentiment remained bearish after gold in overseas markets fell as stronger dollar reduced demand for the precious metals as an alternate investment.

Slver inclined with marginal positive change owing to continued speculative buying.In line with a general weak trend, silver ready declined by Rs 85 to Rs 48,940 per kg and weekly-based delivery by Rs 135 to Rs 48,790 per kg. The white metal had lost Rs 2,175 in the previous three trading sessions.

Source : Equity Bulls

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