| Gold climbed to a high of $1,622.49 an ounce on Monday and Rs 23,690 per 10 gm in domestic market amid US and European economic uncertainties. With the Diwali season ahead, commodity watchers expect gold to touch $1,700 an ounce, when physical demand would couple with safe-haven buying.
On Monday, gold moved 1.5 per cent to its intraday high level from its opening level of $1,598.78 an ounce. Silver, too, moved up from $40.02 an ounce to $41.05 an ounce, but remained comparatively moderate..............................................Full Article: Source
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