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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold, silver dip on global cues

Posted on 29 March 2011

Gold prices continued to drop at the bullion market here today due to consistent offloading from stockists on the back of mute local buying interest amid bearish overseas trend. Silver also slumped on heavy profit taking by speculators as well as subdued industrial demand.

In overseas, the precious metals declined on strengthening dollar valuations over late last week’s comments from a Federal Reserve official on reversing easy money policy……………………………………..Full Article: Source


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