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Gold climbs Rs 820 to Rs 79,780 per 10 gram
The Business Guardian
|December 11, 2024
Gold prices climbed Rs 820 to Rs 79,780 per 10 grams in the national capital on Tuesday due to fresh buying by jewellers and stockists amid a firm global trend, according to local marketmen.
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The bullion prices boosted after China indicated easier credit and other forms of stimulus for its sluggish economy and the resumption of gold purchases by the People's Bank of China (PBOC), traders said.
The yellow metal of 99.9 per cent purity closed at Rs 78,960 per 10 grams on Monday.
Silver jumped Rs 1,000 to Rs 94,850 per kg on Tuesday. The white metal had settled at Rs 93,850 per kg in the previous session.
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