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Gold moves up, silver down in bullion market
Publish Date : 2/24/2007 8:30:00 AM Source : Business News ExpressNewsline.com
Gold strengthened by Rs 20 in the Bullion Market today at Rs 9750 per 10 gram, despite weak overseas trend, while silver settled with a hefty loss.
Marketmen said despite weak overseas trend, gold prices firmed up on pick up in demand from local parties for the ongoing heavy marriage season.
Gold in Asia fell by 4.20 dollar, or 0.6 per cent, to 673.25 dollar. It rose to a nine-month high of 682.25 dollar on February 21 after crude oil rose above 60 dollar a barrel.
Standard gold and ornaments remained in demand and advanced by Rs.20 each at Rs.9750 and Rs.9600 per ten grams respectively. Sovereign traded at last level of Rs.7950 per piece of eight gram.
On the other hand, silver attracted fresh selling by stockists amid reduced offtake by industrial units. Silver ready fell by Rs.450 at Rs.20,200 per kilo, while weekly-based delivery by Rs.75 at Rs.20,600 per kilo.
Silver coins also followed suit and quoted lower by Rs 100 at Rs.24,400 for buying and Rs.24,500 for selling of 100 coins.
Harvard students condemn Oxford University
Publish Date : 3/5/2007 7:11:00 AM
Two Harvard students, including an NRI, have condemned Oxford University, where they are Rhodes scholars, as "outdated" and "frustrating" and dismissed its world famous Bodleian library as "less than inspiring".
Indian embassy to outsource jobs to American firm
Publish Date : 3/5/2007 7:10:00 AM
After taking thousands of American jobs through outsourcing, India is planning to give a few back. The Indian embassy in the US capital is planning to outsource processing of visas to a US-based company.
Badal heads 18-member coalition ministry in Punjab(Final lead: Badal)
Publish Date : 3/3/2007 7:29:00 AM
Octogenarian leader of the Shiromani Akali Dal (SAD) Parkash Singh Badal, on Friday took oath as Punjab's new Chief Minister and will lead an 18-member SAD-Bharatiya Janata Party (BJP) coalition ministry.
Bareilly eunuch adopts a girl child
Publish Date : 3/3/2007 7:22:00 AM
It was a day of celebration for Saroj, a eunuch in Bareilly in Uttar Pradesh, as 'she' has become a 'mother' by adopting a baby girl.
Kalam offers prayer at Fatehpuri Masjid
Publish Date : 3/3/2007 7:16:00 AM
Keeping a promise made two years ago, President A P J Abdul Kalam today offered prayers at the historic Fatehpuri Masjid in Chandni Chowk here along with thousands of Muslims.
Union Budget directionless, says Modi
Publish Date : 3/1/2007 8:41:00 AM
Gujarat Chief Minister Narendra Modi today criticised the Union Budget by terming it as "directionless".
Centre allocates over Rs 100 crore for minority zones
Publish Date : 3/1/2007 8:38:00 AM
Unfazed by the BJP's criticism over its welfare schemes for Muslims, the Congress-led Central Government has allocated over Rs 100 crore for development programmes in select districts with a sizeable population of minorities.
Kins of political bigwigs fail to find voters' favour
Publish Date : 3/1/2007 8:27:00 AM
The assembly polls in Punjab turned out to be unkind for several kins of political bigwigs as voters rejected most of them barring some of Shiromani Akali Dal (SAD) supremo Parkash Singh Badal's near and dear ones.
High Court order on age of nursery admission tomorrow
Publish Date : 3/1/2007 8:24:00 AM
The Delhi High Court today observed that the city Government's submission that a child should be four-years-old to get admission in nursery class was contrary to the law.
Parliament session may be stormy tomorrow on Quattrocchi issue
Publish Date : 3/1/2007 8:18:00 AM
After the lull, it is going to be storm again in Parliament tomorrow.
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