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    Default Silver, gold ends high on bullish global advice

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    The precious metals today ended on a positive note, as Silver gained by Rs 40 per kg and Gold by Rs 100 per ten gm from their last close, on lack of offers from stockists, traders at the Bombay Bullion Association said.

    Silver moved up by Rs 15 to Rs 27,400 per kg in the opening session. Later, it ended in the green at Rs 27,425 per kg, gaining by Rs 40 per kg from its last finish, owing to lack of offers from stockists.

    However, standard gold and pure gold opened on a positive note at Rs 16,675 and Rs 16,775 per ten gm respectively, advancing by Rs five for Standard mint and for pure gold by Rs 20 per ten gm respectively.

    At the end of the session, the Gold further improved and finished in the green as standard gold and pure gold ended at Rs 16,770 and Rs 16,850 per ten gm respectively, up by by Rs 100 and Rs 95 per ten from their last close.

    In London and Asian markets, both the precious metals quoted firm as Gold was quoted high at USD 1092.90/1116.70 per troy ounce and Silver at USD 16.81/17.20 per troy ounce from their previous close, traders added.

    Following were the closing rates of spot silver and gold: Silver (per kg).999 grade : Rs 27,425 (27,385) Gold (per 10 gm): Gold 99.5 purity Standard mint : Rs 16,770 (16,670) Gold 99.9 purity Pure gold : Rs 16,850 (16,755)


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