Monday, 23 June 2014

Gold & Silver Price increase because of Iraq crisis

Rather than create a crisis in Iraq and a lot of investors level both in domestic markets and working market price of metals and gold going high. This Saturday price in local wholesale market gold kilo bar 910 rupees per 10 grams, and it was going around 28,500. Silver price hike RS. 2,400 per kg on the spot price are 44900 per kg.

Latest business news is that global crude petroleum price also increases because of sudden Iraq crisis. After pressure by US and air this news in local and domestic market both metals and gold prices on some level condition.

In global market gold price increased $39 and price is $1315 per ounce and silver 128 saints and now price is 2098 saint. In local market and very much demand of silver price is hike 2400 Rs per kg and gold 28500 rs per 10 gram and increased by 910 per kilo bar.

 Business sources and experts say that Iraq's latest crisis has found local investors are not easily invested on gold and silver. But secure investment can increase investor to invest in gold and silver more. Global markets booming and the country seeking support those wedding wedlock also made faster environment. Experts believe that may take temporary breaks on faster growing price of gold and silver.

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