INSUBCONTINENT EXCLUSIVE:
Sovereign gold held steady at Rs 24,900 per piece of 8 gram.Gold prices on Friday slipped by Rs 20 to close at Rs 32,100 per 10 gram in the
bullion market, reported Press Trust of India (PTI)
Subdued demand from local jewellers amid flat global market pulled down gold prices, traders were quoted as saying in the PTI report
Silver, on the other hand, gained Rs 75 to close at Rs 37,700 per kg on higher demand from industrial units and coin makers
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In the national capital, gold of 99.9 per cent and 99.5 per cent purities fell by Rs 20 each to close at Rs 32,100 and Rs 31,950 per 10
Globally, gold remained almost flat at $1,238.80 an ounce and silver was near unchanged at $14.44 an ounce in New York
"Traders are focusing on US nonfarm payrolls data which will come later in the day along with US unemployment rate
Hence, we expect the evening session to be volatile
Any uptick in nonfarm payrolls or unemployment rate will push prices higher," said Jigar Trivedi, Fundamental Research Analyst, Anand Rathi
Silver coins maintained the previous levels at Rs 73,000 for buying and Rs 74,000 for selling of 100 pieces
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