Processing .....please wait.. 
The article has been forwarded.... 
Gold falls 
22,300 on global cues, silver up 300
Thursday, 19 May 2011, 23:40 IST
New Delhi: Gold fell by Rs 50 to 
22,300 per 10 grams amid a weakening global trend, while silver remained in demand and advanced by 300 to Rs 54,050 per kg on sustained buying by stockists and speculators.
Traders said reduced offtake by stockists on fall in demand at existing high levels amid a weakening global trend mainly led to decline in the yellow metal's prices.
Gold in global markets, which normally sets a price trend on the domestic front, fell by $5.60 to $1,491.30 an ounce.
On the domestic front, gold of 99.9 and 99.5 percent purity fell by Rs 50 each to 22,300 and 22,180 per 10 grams, respectively.
Sovereigns remained steady at 18,500 per piece of eight grams on restricted buying.
Source: PTI
22,300 per 10 grams amid a weakening global trend, while silver remained in demand and advanced by 300 to Rs 54,050 per kg on sustained buying by stockists and speculators.
Traders said reduced offtake by stockists on fall in demand at existing high levels amid a weakening global trend mainly led to decline in the yellow metal's prices.
Gold in global markets, which normally sets a price trend on the domestic front, fell by $5.60 to $1,491.30 an ounce.
On the domestic front, gold of 99.9 and 99.5 percent purity fell by Rs 50 each to 22,300 and 22,180 per 10 grams, respectively.
Sovereigns remained steady at 18,500 per piece of eight grams on restricted buying.
Source: PTI
