India gold traders step up buys; silver prices higher
1/11/2012 2:40:09 PM
MUMBAI: Gold traders in India, the world's biggest buyer of bullion, stepped up buying for the upcoming wedding season, as gold prices stayed near the week's trough, giving silver a boost.
The most-active gold for February delivery on the Multi Commodity Exchange (MCX) was 0.35 percent higher at 27,633 rupees per 10 grams at 1:24 p.m., recovering from a previous session's low of 27,476 rupees, a level last seen on Jan. 3.
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