Diwali Trade- Gold Sparkles while Silver Loses its Shine

silverGold prices remained steady in the especial trade.  The Gold price has finally become steady after displaying a 6 days continuous losing streak.  Unlike gold, silver could not really sparkle during the Muhurtha trade.
Sources report that a bullion trader said,  “Jewellery stockists and retail investors made token purchases of gold to mark the beginning of the new Hindu Samvat year 2070”
Lack of support from buyers and demand caused the fall in silver price. Here is closing gold price:
  • Standard gold- edged up by Rs 30 to finish at Rs 30,400 per 10 grams
  • Pure gold a end at Rs 30,550 per 10 grams from Rs 30,520