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May 20, 2013
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Gold price tanks 4.58% for week; closes at Rs 26,120
Gold resumed sharply lower at Rs 27,045 and slumped further to finish at Rs 26,120 from preceding weekend's level of 27,375, showing a steep fall of Rs 1,255, or 4.58 percent per 10 grams.
Gold logs weekly loss of Rs 1,000; silver hits 27-month low
Gold lost Rs 1,000 to Rs 26,700 per ten grams, matching with a level on April 17, this year.
Gold drops by Rs 130 to Rs 26,255 per 10 gm in Mumbai
Pure gold of 99.9 percent purity fell by Rs 130 to end at Rs 26,255 per 10 gm from Rs 26,385.
Gold price today: Latest updates
In domestic spot market, gold prices finished the week at Rs 26,120 from preceding weekend's level of 27,375, showing a steep fall of Rs 1,255, or 4.58 percent per 10 grams.
Gold prices fall Rs 110 to Rs 26,700 per ten grams
Silver, however, held steady at Rs 43,700 per kg in restricted buying.
Gold recovers marginally on low level buying; silver ends steady
After two days of steep fall, gold prices recovered by Rs 10 to Rs 26,810 per 10 grams in the national capital Friday on low level buying by retailers.
Gold prices fall Rs 89 in futures trade
Gold prices continued their losing streak and fell by Rs 89 to Rs 26,042 per ten grams in futures trade early Friday as speculators offloaded their positions tracking a weak global trend.
Gold price today: Latest updates
Gold for delivery in June fell further by Rs 247 to Rs 25,884 as against its previous close of Rs 26,131.
Govt slashes import tariff value of gold, silver
The government has slashed the import tariff value of gold and silver to USD 466 per ten grams and USD 761 per kg, respectively, considering weak global price trend.
Gold price sinks Rs 500 to hit 1-month low of Rs 26,800
Rolling down gold prices dropped to one-month low by losing Rs 500 to Rs 26,800 per 10 grams in the national capital Thursday on heavy selling by stockists driven by weak global trend.
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