Gold prices move down
Gold prices moved down in the bullion market here during the week on poor demand coupled with fresh stockists offerings on the back of lower global advices, while silver prices firmed up on mild industrial demand.
On Thursday, standard gold rose to Rs 12,260 on persistent stockists buying in view of current marriage season coupled with strong rally in global market. Pure gold (99.9 purity) also rose to Rs 12,315. However, standard gold (99.5 purity) ended lower at Rs 11,895 as against the last weekend's level of Rs 11,990, showing a loss of Rs 95 per 10 grams.
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