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Gold, silver prices rise
December 28, 2004 19:12 IST
Prices rose further on the bullion market in Mumbai on Tuesday as silver hardened smartly on heavy stockists' demand and gold closed higher in line with firm overseas advises.
Ready silver (.999 fineness) opened firm at Rs 10,835 and rose further on increased demand, before closing at Rs 10,850, showing a smart gain of Rs 85 over Monday's close of Rs 10,765.
Standard gold (99.5 purity), after a better start at Rs 6425, moved narrowly and closed at the same level, showing a good gain of Rs 15 over the previous close of Rs 6410.
Pure gold (99.9 purity) also resumed higher at Rs 6465 and moved in a similar way like standard gold, before closing at the same level, also showing a gain of Rs 15 over Monday's close of Rs 6450.
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