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Strong global demand push up the prices of gold

Yesterday the prices of gold was running downhill as reported in this news report  " Gold prices are running downhill ".  Today the prices of gold is going up in the Indian bullion market.

In the Indian bullion markets Gold prices went up by Rs 135 to Rs 13,145 per 10 grams. This rise was as a results of fresh buying by stockists and jewellery fabricators. The rise was also due to the strong global demand and the rise in prices of gold globally.

The starting of marriage season has also led to the buying activities in gold.

Beside gold the prices of silver also joined the rally and it went up by Rs 200 to Rs 25,100 per kg in the Indian bullion market.

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