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Gold advances on marriage season buying, global cues

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Gold prices rose further by Rs. 50 to Rs. 30,750 per ten gram in the national capital on Wednesday on sustained buying by stockists to meet ongoing marriage season demand amid a firming global trend. Silver also moved up by Rs. 100 to Rs. 42,800 per kg on increased offtake by industrial units and coin makers. Traders said continued buying by stockists driven by ongoing marriage season mainly led to rise in gold and silver prices. They said firming global trend where gold rose to highest in almost three weeks as worsening tensions in Ukraine increased demand for a safe haven, also influenced the sentiment. Gold in London, which normally […] Reported by IndiaVision 20 hours ago.

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