Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌



Thursday, April 25, 2013

Gold Rate Today: Latest Updates
Best Time To Invest In Gold 
or In Gold Loan Companies...?
Recovering from their yesterday's loss, gold prices in futures trade moved higher by Rs.250 Wednesday, tracking uptrend in international markets as solid physical demand encouraged speculative buying.

At the Multi Commodity Exchange (MCX), metal for delivery in June contracts rose by Rs 250 to trade higher at Rs 26,414 per ten grams.

Similarly, Silver for delivery in May contracts increased by Rs 421 to Rs 43,235 per Kg.

Gold prices fell by up to Rs 60 at the Mumbai bullion market today following reduced demand from traders and jewellers. Silver also fell by Rs 550 to Rs 44,600 per kg.

Standard gold of 99.5 percent purity and pure gold of 99.9 percent purity both traded down by Rs 60 and Rs 55 at Rs 26,570 and Rs 26,710 per ten grams, respectively.

Speculative buying after yesterday's fall pushed gold price in international markets higher by 0.86 percent on Wednesday.

Support also came from weak German economic data, which fanned speculation the European Central Bank could cut interest rates.

But strong US dollar coupled with firming equities and continuous decline in holdings by exchange-traded funds looks set to cap prices.

Gold in overseas markets, which normally set price trend on the domestic front, rebounded by USD 15.90 or 1.12 percent to USD 1,429.50 per ounce.

In international markets gold prices sank to around USD 1,321 on April 16, the lowest in more than two years, in a sell-off that surprised ardent gold investors and bulls.

Delhi

In the national capital, gold of 99.9 and 99.5 percent purity advanced by Rs 200 each to Rs 27,600 and Rs 27,400 per 10 grams, respectively. It had gained Rs 1,050 in last three sessions.

Sovereign, however, held steady at Rs 24,100 per piece of eight gram in scattered deals.

On the other hand, silver ready dropped by Rs 800 to Rs 45,000 per kg and weekly-based delivery by Rs 1020 per kg. The white metal had gained Rs 500 yesterday.

Silver coins also plunged by Rs 1,000 to Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces.

Mumbai

Standard gold of 99.5 percent purity and pure gold of 99.9 percent purity both traded down by Rs 60 and Rs 55 at Rs 26,570 and Rs 26,710 per ten grams, respectively.

Silver ready (.999 fineness) declined by Rs 550 to Rs 44.600 per kg from Tuesday''s closing level of Rs 45,150.

Chennai

Standard gold price moved higher by Rs 90 to Rs 27,050 per ten grams as against its previous close of Rs 26,960. Silver however, slipped by Rs 800 to Rs 44,050 from Rs 44,850 per kg.

Futures Trade (MCX)

At the Multi Commodity Exchange (MCX), metal for delivery in June contracts rose by Rs 250 to trade higher at Rs 26,414 per ten grams.

Similarly, Silver for delivery in May contracts increased by Rs 421 to Rs 43,235 per Kg.

International markets

Gold in overseas markets, which normally set price trend on the domestic front, rebounded by USD 15.90 or 1.12 percent to USD 1,429.50 per ounce.

In international markets gold prices sank to around USD 1,321 on April 16, the lowest in more than two years, in a sell-off that surprised ardent gold investors and bulls.

Gold ETF

SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings fell 0.68 percent to 1,097.19 tonnes on Tuesday from 1,104.71 tonnes on Monday. The current holdings are at multi-year low.

Here are the city wise gold and silver rates:

(Gold rates per 10 gm/Silver rates per Kg)

Mumbai
GOLD: Rs 26,710 (-55)/ SILVER: Rs 44,600 (-550)

Delhi
GOLD: Rs 27,600 (+200), SILVER: Rs 45,000 (-800)

Chennai
GOLD: 27,125 (+90)/ SILVER: Rs 44,050 (-800)

Kolkata
GOLD: 28,150 (+300)/ SILVER: Rs 45,500 (-750)

Bangalore
GOLD: Rs 27,098 (+213) / SILVER: Rs 45,600 (-200)

Ahmedabad
GOLD: Rs 26,270 / SILVER: 44,200

Hyderabad
GOLD: Rs 27,800 (unchanged) / SILVER: 49,000 (+150)

With Agency Inputs 

Courtesy: Zee News