Due to rally on global market in Indian bullion market has
gained steadily in gold and silver. In the bullion market the gold rose up 150
Rs and reached at the level of 25,750 per ten gram.
Silver Boom
Along with gold, silver also boomed and has gained Rs 250
per Kg in the Bullion market. Silver rose Rs 250 and has reached at the level
of 34,150 per kg.
The bullish trend in global markets
We can see a bullish trend in
gold and silver in domestic market as well as in the global market. In New York
the gold had raised up at 1.13 percent and reached at the level of 1078.20
dollars per ounce while silver up and raised up at 1.17 percent and reached at
the level of 14.25 dollar per ounce.
Why Bullion market strong globally?
Bullion experts believe that due to strong global cues the
domestic market is increasing and on the other side the trader and investors of
Bullion market responsible this hike to the wedding season in India.
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Gold February future continues to trade with a gain of 0.5 percent at $ 1,073.30 per ounce.
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