Gold, Silver Declines On Profit-Taking

Mumbai, Dec 5: Gold prices eased at the bullion market here today on slight profit-booking by stockists amid lower local buying on expectation of larger correction.Silver continued to ease owing to speculation on the back
gold silver declines on profit taking - India TV
PTI 05 Dec 2011, 19:52:39 PM IST

Mumbai, Dec 5: Gold prices eased at the bullion market here today on slight profit-booking by stockists amid lower local buying on expectation of larger correction.

Silver continued to ease owing to speculation on the back subdued industrial demand.

Standard gold of 99.5 per cent purity slipped by Rs 60 to close at Rs 28,965 per 10 grams from last Saturday's close of Rs 29,025.

Pure gold of 99.9 per cent purity fell by Rs 70 to end at Rs 29,090 per 10 grams from Rs 29,160 previously.

Silver ready (.999 fineness) moved down by Rs 40 to conclude at Rs 56,275 per kg from Rs 56,315 last weekend.

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