Thursday, 24 November 2011

MCX Gold Updates

Gold and Silvers gets down by 1% and 3% respectively. The gold prices get down on the MCX by 1.01% at 28,566 rupee per 10 grams, after falling to 28,508 rupee earlier in the day. While the overseas market have the same position as well. The Indian rupee, which plays an important role in determining the landed cost of the dollar-quoted yellow metal, bounced more than 1 percent on Wednesday, a day after the currency had slumped to an all-time low. Silver retreated from previous session's gains and declined more than 3 percent to trade at 55,332 rupees per kg. After getting a fall in the market the dollar get high at 52 rs. of 1 dollar approximately.

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