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Gold prices steady, silver gains on increased offtake

Gold prices steady, silver gains on increased offtake

Tuesday, May 1, 2018, 6:39 PM

Gold prices held steady at Rs.32,200 per 10 gram in scattered deals on Tuesday even as it weakened overseas. On the other hand, silver prices rose by Rs.200 to Rs.40,500 per kg on the back of increased offtake by consuming industries. Traders attributed the rise in silver prices to a pick-up in offtake by industrial units and coin makers at the local spot market.
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