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Gold firms up on higher New York advices





Mumbai, Nov 29: Gold prices firmed up in the bullion market here on good stockists demand on expectation of rise in buying enquiries in view of marriage season coupled with higher New York advices.

Silver, however, declined on lack of industrial demand at current level triggered by lower overseas advices.

Standard gold (99.5 purity) rose by Rs 95 per ten grams to Rs 13,185 from Rs 13,090 yesterday.

Pure gold (99.9 purity) also firmed up by Rs 90 per ten grams to Rs 13,240 from Rs 13,150 previously.

However, silver ready (.999 fineness) fell by Rs 70 per kilo to Rs 17,375 from Rs 17,445 yesterday.

Gold futures for February rose by USD 7.70 to 819.00 an ounce on the Comex Division of New York Mercantile Exchange.

However, Silver futures for March delivery fell by 3.9 cents to USD 10.23 an ounce.
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