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May 19, 2013
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mumbai
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 dips below Rs 27K; wedding demand may get a boost
Gold of 99.5 percent purity shed Rs 270 to finish at Rs 26,760 per 10 gm from Tuesday's closing level of Rs 27,030.
Mumbai housing prices up by 66% in 4 yrs
Housing prices have increased by an average 66 percent in Mumbai over the last four years on account of steady demand and rising input cost, according to property consultant Jones Lang LaSalle (JLL).
'Industrial cities under DMIC may attract $100 bn investment'
During the first phase of of Delhi-Mumbai Industrial Corridor (DMIC) project, the government has approved financial assistance of Rs 17,500 crore at an average of Rs 2,500 crore per city (subject to a ceiling of Rs 3,000 crore per city) for the development of seven industrial cities.
Gold rates today: City Wise
Gold price dropped by Rs 215 per 10 gm to finish at Rs 27,150 from Monday's closing level of Rs 27,365.
Mumbai traders' strike continues for second day
Banking activities here remained paralysed and most businesses were shut too Tuesday, day two of the indefinite strike called by over 1.5 million traders and manufacturers to protest the Maharashtra's government's local body tax (LBT) in lieu of octroi.
Gold futures rise on global cues
The sentiment bolstered as gold climbed to its highest level since April 15 in global markets, as investors weighed rising physical sales against falling investment demand.
Gold regains Rs 27,000-level in Mumbai
Gold price jumped by Rs 345 to Rs 27,250 per ten grams as against its previous close of 26,905 in Mumbai bullion market Friday.
Gold downturn continues for 3rd day; plunges Rs 285 to Rs 27,615
Falling for the third straight session, both the precious metals, gold and silver, on Thursday plunged due to frantic selling by stockists, triggered by a weak global trend.
Gold price slips further; closes at Rs 27,900 per 10 gm
Traders said sluggish demand at current level and closure of markets for a public holiday kept pressure on the precious metals.
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