Gold Touches Six-yr Peak At Rs 5,320

Mumbai: | Updated: May 26 2002, 05:30am hrs
Nervousness over the border tension kept gold prices ruling around six-year peak on the bullion market on Saturday. Stockists and retailers sought the yellow metal as a safe haven. Rising global prices also helped the trend firm up.

Gold inched up to an over six-year high of Rs 5,320 per 10 gm from Friday’s closing levels of Rs 5,315.


Pak Test-fires Ghauri Missile
Pakistan on Saturday test-fired a medium-range surface-to-surface ballistic missile capable of carrying nuclear warheads, with a range of 1500 kms. An external affairs ministry (MEA) spokesperson in New Delhi dismissed “as routine” the test firing of Ghauri missile, saying it was not central to the current situation.


Our Patience Is Running Out: PM
Prime Minister Atal Bihari Vajpayee said on Saturday that India’s patience was running out and it was now for world leaders to mount pressure on Pakistan to immediately stop cross-border terrorism. “Bahut prateeksha kar lee hai, hamari sanyam ki bhi seema hai, (we have waited for too long and there is a limit to our restraint)” he told reporters.


Putin Eager To Defuse Tension

Russia: Russian President Vladimir Putin on Saturday said he expected to meet Prime Minister Atal Bihari Vajpayee and President Pervez Musharraf for talks in Almaty early next month, even as Moscow strongly condemned a missile test by Islamabad and asked it to move from “words to deeds” in demonstrating its genuine desire for political dialogue with India.