Gold, silver hold steady in thin trade

July 30, 2012 03:33 pm | Updated 03:33 pm IST - New Delhi

Both the precious metals, gold and silver, on Monday held steady on restricted buying activity at prevailing higher levels.

While gold closed flat at Rs 30,300 per 10 grams, silver traded at last close of Rs 53,000 per kg on reduced offttake by jewellers and industrial units at prevailing higher levels.

Traders said restricted buying activity at prevailing costly levels mainly kept the precious metals steady.

In the national capital, gold of 99.9 and 99.5 per cent purity remained steady at Rs 30,300 and Rs 30,100 pe*r 10 grams.

Similarly, silver-ready ruled steady at Rs 53,000 per kg, while weekly-based delivery declined by Rs 15 to Rs 53,235 per kg on lack of buying support.

Silver coins continued to be asked around previous level of Rs 62,000 for buying and Rs 63,000 for selling of 100 pieces.

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