the Wedding Planner

UK Wedding News

01/11/2011

Wedding Season Pushes Up Gold And Silver

According to the Economic Times the price of silver and gold has bounced back due to retailers needing to meet the demand for the ongoing wedding season.

While gold recovered by Rs 230 to Rs 27,770 per 10 grams, silver rose by Rs 450 to Rs 56,700 per kg on pick-up in demand from retailers and industrial units.

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According to the financial paper renewing concern over the eurozone sovereign debt crisis also boosted demand for the precious metals as an alternate investment.

(LB)

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"According to the Economic Times the price of silver and gold has bounced back due to retailers needing to meet the demand for the ongoing wedding season."