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Friday, September 9, 2011

MCX and Comex Gold Silver Highlights and Global Report For Today

Gold on MCX and COMEX
Bullish trend in gold remains intact.  On COMEX gold is close to $ 1880 With 1.5 per cent up. MCX Gold also made up record of Rs 28,300.
Barack Obama's announcement
U.S. President Barack Obama's announcement of measures to boost the economy in the markets does not show much enthusiasm.
The decline in the rupee is due to the boom in gold. Rupee against the U.S. dollar has reached 1-year lows.
Silver on MCX
In addition to gold, silver prices have also been strengthened. COMEX Silver is close at $ 43. The MCX silver is trading above Rs 66 200.
 
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