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Friday, December 16, 2011

Commodity News Updates: Gold Silver Trend for Today

The Indian commodity market is running with mixed sentiments today. After the initial sharp decline , some recovery has been seen in Gold and Silver metals . Domestic market has seen a marginal decline in gold. Gold prices have moved below 27500 level. While silver is trading at a slight edge. Silver on MCX with a slight bounce is trading above Rs 53600. Because of the strengthening rupee against the dollar, gold - silver had declined significantly during the early trading. Both Gold and silver are trading with negative bias.
 
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