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Gold inches up after 4-day sell-off amid Greek impasse

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Press Trust of India Mumbai
Last Updated : Jun 26 2015 | 6:22 PM IST
Gold prices gained modestly in a listless trade, halting a four-day skid at the bullion market here on the back of some low level buying support even as deepening Greek debt crisis sidelined investors and traders.
Silver also edged up on stray industrial demand.
Standard gold (99.5 purity) ticked up by Rs 5 to settle at Rs 26,370 per 10 grams from overnight level of Rs 26,365.
Pure gold (99.9 purity) also added by a similar margin to end at Rs 26,520 per 10 grams compared to Rs 26,515.
Silver (.999 fineness) moved up by Rs 10 to conclude at Rs 36,715 per kg against Thursday's finish of Rs 36,705.
In worldwide trade, the yellow-metal traded almost flat amid investors caution in the midst of uncertainty surrounding over the deadlock over Greece's debt crisis as well as strong US macro data flows.
Spot gold was little changed at USD 1,172.40 an ounce in early European trading, while silver quoted weak at USD 15.77 an ounce.

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First Published: Jun 26 2015 | 6:22 PM IST

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