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Silver down by Rs 200 on reduced offtake; gold holds steady

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Press Trust of India New Delhi
Last Updated : Jan 24 2013 | 1:49 AM IST

Traders said reduced offtake by industrial units and coin makers and a weak trend in Singapore, mainly led to the fall in white metal prices here.

Gold held steady at record high levels on restricted buying, they added.

On the domestic front, silver ready fell by Rs 200 to Rs 54,350 per kg and weekly-based delivery by Rs 230 to Rs 54,280 per kg, while silver coins remained steady at Rs 65,000 for buying and Rs 66,000 for selling of 100 pieces.

Meanwhile, gold of 99.9 and 99.5 per cent purity held steady at Rs 30,300 and Rs 30,160 per 10 grams, respectively. Sovereigns followed suit and inquired at previous level of Rs 24,200 per piece of eight grams.

  

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First Published: Jun 04 2012 | 2:56 PM IST

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