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Indian firms issued commercial papers (CPs) worth Rs 1.75 lakh crore during the fortnight ended November 15, the latest Reserve Bank data indicated. CPs outstanding amounted to Rs 4.5 lakh crore
In the international market, gold trading lower at $1,781 per ounce and silver flat at $22.38 per ounce.
The prices of spot silver have declined more than Rs 6,000 per kilogram after November 15, the month’s high. The white metal was available at Rs 66,883 per kg on November 16, but exchanged hands at Rs 60,843 per kg on Friday, December 3.