Online edition of India's National Newspaper
Sunday, August 19, 2001
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Online edition of India's National Newspaper Sunday, August 19, 2001 |
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Gold zooms further
MUMBAI, AUG. 18. Gold zoomed further on the bullion market here
today due to increased festive buying. Silver too attracted heavy
demand and rose smartly.
As Ganesh Chaturthi was fast approaching, demand for the precious
metal had risen sharply during the last couple of days, traders
said and added that firm overseas advices also aided the uptrend
to some extent.
Standard gold shot up further by Rs. 40 to close at Rs. 4,550 (10
gm) from Rs 4,510.
Ready silver (.999 fineness), after a higher start at Rs. 7,230 a
kg rose further to end at Rs. 7,240, displaying a smart rise of
Rs. 60 over the last close of Rs. 7,180.
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