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Will Gold, Silver Maintain their Shine Further after Festive Season?

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Will Gold, Silver Maintain their Shine Further after Festive Season?

October 06
16:26 2014

gold ne1New Delhi, Monday, October 6 – Continuous rise and fall are one of the common trends of bullion market. At one point of time, prices of yellow and silver metals go up, while soon after a trading session, unexpected drop is observed thanks to poor demand of the same from coin manufacturers, jewelry makers and industrial units.

During Navratri, a period when purchasing of precious metal is considered auspicious, gold remained up for more than a few occasions. However, it would be a thing to notice whether gain remains attracting the customers or prices will drop the moment Diwali and wedding period are over. As of today, the yellow metal remains a bit above INR 27,070 per 10 gm in Delhi but same story is not anticipated for a long term. The shine factor totally depends upon buyers’ inclination and demand for gold and silver.

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