Domestic gold came off all through last week but occasionaly stepped out of the shadow of global gold prices.
Worldwide gold experienced both ups and downs over the week driven by perception of the war threat among investors in Europe and America.
Standard gold ended the week at Rs 5750 while the ten tola bar ended the day at Rs 67,350. Silver of the 0.999 per cent purity also ended the week at Rs 7,820.
The TT bar kept a range of Rs 69,200 to 67,000 while standard gold kept a range of Rs Rs 5,900 and Rs 5,700 all through last week. Silver kept a range of Rs 8000 and Rs 7770 through the week.
Internationally too gold has been coming off from its all time highs in six years after the apparent threat of attack on Iraq by the US has been averted.
Today gold held steady in European trade on Friday before the key address on Iraq by chief UN weapons inspector Hans Blix to the Security Council.
Spot gold was quoted at $356.50/357.25 an ounce at 1038 GMT, down from $357.25/358.00 at the New York close on Thursday.
Warehouse stocks at the COMEX were at 2,164,183 troy ounces, marginally up from last week
