Gold Price reached new height of Rs 23,000/10 gm

Agartala : India | Jul 14, 2011 at 3:08 AM PDT

By Voiceparker

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Gold reached new price height of Rs 23,000 /10 gm which is indeed a record in the International market.The recent target been given atleast Rs 23,500 /10 gm .In todays's market,the Gold price increased about 0.5% and surpassed the 23k mark.

The Gold ETF of various companies just kept increasing in the Bullish market.The main cause of the continous demand of Gold is given to the US recent accumulation of this yellow metal and in the developing country like India.

Within a week,the price of this yellow metal gone up from 21,700/10 gm to 23,060 /10gm.The 21k level gave the investors a golden opportunity to buy.Not only Gold,Silver also showed tremendous accumulation interest among the investors.

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Gold for the Price of Silver
From: Lee Jordan

Voiceparker is based in Agartala, Tripura, India, and is a Reporter for Allvoices.

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