...
...
Next Story

Gold, silver recover on fresh demand

Gold prices recovered smartly at the bullion market due to fresh buying from stockists and traders amidst local buying support.

Updated on: Oct 24, 2010 01:58 AM IST
Advertisement

Gold prices recovered smartly at the bullion market due to fresh buying from stockists and traders amidst local buying support.

HT Image
HT Image

Silver also shot up on renewed demand from industrial users and speculative buying. Standard gold (99.5 purity) firmed up by Rs 110 per 10 grams to end at Rs 19,355 from overnight closing level of Rs 19,245.

Pure gold (99.9 purity) also rose by Rs 120 per 10 grams to close at Rs 19,455, as against Rs 19,335 on Friday.

Silver ready (.999 fineness) hardened by Rs 205 per kilo to finish at Rs 36,095 from Friday's closing level of Rs 35,890.

In New York, gold for December delivery retreated by 50 cents to USD 1,325.10 an ounce on the Comex Division of NYMEX.

Silver for December delivery declined by two cents to USD 23.12 an ounce.

 
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe