INSUBCONTINENT EXCLUSIVE:
Globally, gold after moving both ways, ended the week a shade lower at $1,233.20 an ounce.Gold strengthened for the sixth straight week and
buying activity ahead of Diwali
triggered by upcoming festive and wedding season lifted the gold prices to trade at almost six-year high of Rs 32,780 per 10 gram
Silver too ended almost flat at $14.82 an ounce
In the national capital, gold of 99.9 per cent and 99.5 per cent purity commenced the week steady at Rs 32,550 and Rs 32,400 per ten gram,
respectively on scattered support.Later, on pick-up in buying activity, driven by upcoming festivals, it surged to trade at near six-year
high of Rs 32,780 and Rs 32,630 per ten gram and finally settled Rs 100 each higher at Rs 32,650 and Rs 32,500
This is the highest level since November 29, 2012 when the precious metal had closed at Rs 32,940
In contrast, silver ready after shuttling both ways on alternate bouts of buying and selling, finally ended the week Rs 70 down at Rs 39,530
