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Gold surpassed its all-time peak to set a new historic high of Rs 21,240 while silver galloped past the magical Rs 50,000 mark.

 
 
Exchanges, such as the Multi Commodity Exchange and the Indian Commodity Exchange, launched iron ore futures on 29 January 2011.
With demand remaining strong it may be a good time to have energy commodities - heating oil, gasoline, natural gas and crude oil - in your portfolio.
Record levels in the spot market on rising demand, driven by the ongoing marriage season too, influenced the white metal prices at futures trade in New Delhi.
Also, sentiments for the yellow metal turned bullish, after it climbed to a four-week high in global markets on speculation that rising inflation will spur demand.
Traders said firming trends in overseas markets, which normally sets the price trend on domestic front, failed to boost the trading sentiments for both the metals.
 
 
Gold futures prices fell by Rs 88 to Rs 21,018 per 10 grams as speculators reduced their positions in tandem with weakening global trends.
Silver hit a new record by rising Rs 950 to Rs 47,450 per kg on the bullion market on Friday. Gold also extended gains and jumped up by Rs 20 to Rs 20,720 per 10 grams.
Gold also rose by Rs 80 to Rs 20,570 per 10 grams while silver coins shot up by a whopping Rs 3,600 to Rs 54,000 for 100 pieces.
Trading sentiment turned bullish as stockists and jewellery manufacturers enlarged their positions to meet the ongoing marriage season demand
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