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Jul 12, 2012, 08.23 AM IST

Govt cuts base import price of gold, silver

The Indian government has cut base import price of gold to USD 507 per 10 grams from USD 524 per 10 grams.

Source: Moneycontrol.com
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The Indian government has cut base import price of gold to USD 507 per 10 grams from USD 524 per 10 grams.


Government also cut silver base import price to USD 871 per kg from USD 938 per kg.


Gold August futures closed at Rs 29657 per 10 grams, up just 0.2% and Silver July futures rose 1.7% to Rs 52653 per kg.


Tags: gold, silver
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