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  1. #1
    YouR De$i RaPPeR
    Join Date
    Jun 2009
    Spain BCN (Barcelona)

    Default Silver, Gold surge

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    The precious metals surged for the fourth straight session today with Silver advancing by Rs 80 per kg to Rs 28,185 and Gold rose by Rs 65 per ten gm to settle at Rs 16,870 on sustained demand from industrial users, traders at the Bombay Bullion Association (BBA) said.

    The white metal increased by Rs 105 per kg in the opening session at Rs 28,210 on good demand from local dealers. At the end of the day, Silver finished at Rs 28,185, with a moderate gain of Rs 80 from its last close.

    Gold moved up by Rs 75 per ten gm in the opening session. the yellow metal later rallied by Rs 65 per ten gm to settle at Rs 16,870 for standard gold and Rs 16,955 for pure gold because of better buying support from stockists, traders added.

    Following were the closing rates of spot silver and gold: Silver (per kg).999 grade : Rs 28,125 (28,105) Gold (per 10 gm): Gold 99.5 purity Standard mint : Rs 16,870 (16,805) Gold 99.9 purity Pure gold : Rs 16,955 (16,890)


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