Gold and silver prices dip

Investing in gold and silver is not an good idea now days, in International market
gold and silver prices fell sharply. Global stock markets trading at record high on
Bank of Japan stimulus and growth of America.

Domestic gold investors worrying about sharp fall and there is no hope to regain it's
momentum in near term. better to avoid fresh investments in gold and silver

Invest in Banking sector equities like SOUTH INDIAN BANK,

After 3 years Gold slipped into below 26000 level hit 25.932 at 10 pm closed at
Silver prices fell sharply after mass selling of speculators. Silver touch Rs.36,700 per kg,down from from Thursday close Rs.38100.

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Petrol and Diesel price reduced

Petrol price cut by Rs.2.41 per litre and diesel price cut by Rs. 2025 per litre.
The revised prices will take effect from midnight. Oil companies calculate the desired retail
selling price of petrol and diesel on 1st and 16th of every month based on average international
crude oil price and rupee-dollar exchange rate

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