Gold gets cheaper on sales
New Delhi, July 30: Gold prices tumbled by Rs 200 per 10 gram on the bullion market here on Wednesday on heavy selling by stockists sparked by strong domestic bourses amid weak global trend after crude oil declined.
Traders said fresh selling by stockists at prevailing higher levels and shifting of their funds towards surging equity markets eroded gold?s demand.
In the domestic market, the precious metal fell after the Bombay Stock Excha-...
7/30/2008 5:47:16 PM
Business
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