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Mumbai:

Gold prices dropped further on the bullion market here for the second straight day due to persistent selling by stockists in view of a weak global trend. Silver also dropped further on lack of industrial demand. Standard gold (99.5 purity) fell by Rs 200 per 10 grams to Rs 12,120 and pure gold (99.9 purity) dropped by the same margin to Rs 12,180. Silver ready (.999 fineness) also moved down further by Rs 370 per kilo to Rs 23,910.
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Replies, comments and Discussions:

  • TSX seems running out of steam. No good news is bad news to the market.
    • 难道TSX就永远悬挂在15000的高峰上吗?DOW不是跳下去了嘛,LONDON 也跳下去了,ASX已经跳下去很久了,HENGSHENG也支持不住跳下去了。唯独TSX。你的腿怎么发抖了?这下有决心了吧?
      • 等石油下来了,TSX就下来了。
        • When Fed really raises rates, oil will be down
      • Japan 跳下去了
    • Australian Employers Unexpectedly Cut Workers in May. Dives further.
    • India Rate Rise Means BRICs to Suffer in Price Fight
    • There is a very interesting phenomena,even the inflation in Asia is much higher than in USA, in Asia market, they are dumping Gold.
      • Mumbai:
        Gold prices dropped further on the bullion market here for the second straight day due to persistent selling by stockists in view of a weak global trend. Silver also dropped further on lack of industrial demand. Standard gold (99.5 purity) fell by Rs 200 per 10 grams to Rs 12,120 and pure gold (99.9 purity) dropped by the same margin to Rs 12,180. Silver ready (.999 fineness) also moved down further by Rs 370 per kilo to Rs 23,910.
      • You don't know investment (short-sighted). You can gain a lot by buying when people don't want to hold. Gold in short term might not be good. But USD will be flushed to toilet in a few months. Let's see.
        There is no point doing buy sell every day based on some noises.
        • Oh Dear!
    • short TIM.TO
      • 焦了没?
        • 快了,lol