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Silver, Gold dip (New Kerala)

Mumbai, July 4: Snapping a week's upward march today, Silver declined by Rs 235 per kg and Gold by Rs 160 per ten gm on lack of buying enquiries on weak global cues, traders at the Bombay Bullion Association (BBA) said.

Mixed trend witnessed in precious metals (Deepika)

Mumbai, July 5 (UNI) A mixed trend was witnessed in precious metals today with Silver declining by Rs 15 per kg and Gold rising by Rs 25 per ten gm on improved demand, traders at the Bombay Bullion Association (BBA) said.

India Bullion - Opening Prices (Sharewatch)

MUMBAI (Thomson Financial) - In Indian Rupees Thursday Wednesday's close Gold per 10 grams (.995) purity 13,130 12,985 Gold per 10 grams (.999) purity 13,190 13,040 Silver per kg (.999) purity 25,340 25,080 1 US dollar = 43.30 Indian rupees Source: Bombay Bullion Association TFN.newsdesk@thomson.com sim/ran COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved.

Gold prices up on better demand (The Hindu)

NEW DELHI: Gold prices rose by Rs 15 to Rs 13,100 per 10 grams on the bullion market here on Saturday on fresh demand by retail customers. However, silver prices fell on reduced offtake by coin-makers and industrial units.

Gold prices up on better demand (Chennai Online)

New Delhi, July 5 Gold prices rose by Rs 15 to Rs 13,100 per 10 grams on the bullion market here today on fresh demand by retail customers. However, silver prices fell on reduced offtake by coin-makers and industrial units.

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Other Silver news

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USDollar on Edge, Gold on Verge (Kitco.com)

The USDollar is on the edge of the chasm again. The nonsense has been cast aside about a bank recovery, a housing stabilization, and an economy that can withstand a spillover. How incredible it is to see grown adults accept such marketing and promotional drivel. Wake up and smell the blood!

US State Dept Daily Press Briefing: June 30, 2008 (Scoop.co.nz)

Zimbabwe: Summit of African Union Leaders in Sharm el-Sheikh / US Cooperation with the AU on Many Issues, Including Zimbabwe / New Round of Sanctions Against the Zimbabwean Gov’t / AU, SADC, and G8 Foreign Ministers Statements on the Fraud Elections.

Barclays warns of a financial storm as Federal Reserve's credibility crumbles (Daily Telegraph)

US central bank accused of unleashing an inflation shock that will rock financial markets, reports Ambrose Evans-Pritchard. Barclays Capital has advised clients to batten down the hatches for a worldwide financial storm, warning that the US Federal Reserve has allowed the inflation genie out of the bottle and let its credibility fall "below zero".

RBS issues global stock and credit crash alert (Daily Telegraph)

The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.

City men hope to strike it rich (Sheboygan Press)

Ozgur Acar arrived at Lakeland College eight years ago, knowing no English but eager to learn.

The Good, the Bad, and the Ugly (GoldSeek.com)

*** The hocus pocus of hedge funds…not much difference between McCain and Obama…and more!

Taking Money Back (Ludwig von Mises Institute)

Money is a crucial command post of any economy, and therefore of any society.


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