You are here: Home // Business // Yellow Metal Loses Shine despite Ongoing Wedding Season

Yellow Metal Loses Shine despite Ongoing Wedding Season

newNew Delhi, Thursday, January 29 – Ornaments do not seem to impress buyers anymore and this is said on the basis of continuous up and down trend in the bullion market.

The yellow metal logged the loss by INR 120 to INR 28,300 per 10 gm today, losing the luster to a certain extent, post bouncing back a day ago.  The drop in the rates is witnessed in consequence of weak demand at existing levels in the midst of fragile worldwide cues.

White metal followed the suit and toppled by INR 420 to come down at 39,100 per kilogram. Experts anticipate rise in the cost as offloading increases during peak wedding season that’s just here.

Tags: , , ,

Copyright © 2013 thebharatnews. All rights reserved.