Web Analytics Business News This Week BSE Sensex slips 328 points, Gold shines 28k/10gm | Business News This Week

Aug 19, 2011

BSE Sensex slips 328 points, Gold shines 28k/10gm

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The BSE Sensex tanked 328.12 points to close at at 16,141.67 or 1.99 per cent down on Friday. The Sensex plunged to lowest level of 25 May 2010 on Friday due the fear of recession in the world economy.

Worried investors choose gold and silver as safe option to invest. The gold rate on Friday touched to the all-time high of Rs 28,000 per 10 gms in bullion market. On the other hand, Nifty lost 98.50 and closed at 4845.65 points down 1.99 per cent .

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