Gold improves further, silver firms up

June 26, 2010 03:58 pm | Updated 04:36 pm IST - Mumbai

Gold prices moved up further at the bullion market here today due to scattered local buying interest coupled with firm global cues.

Silver also firmed up on persistent buying by stockists and higher demand from consumer industries.

Standard gold (99.5 purity) gained by Rs 10 per ten grams to finish at Rs 18,830 from yesterday’s closing level of Rs 18,820.

Pure gold (99.9 purity) also edged up by Rs 5 per ten grams to close at 18,915 as against Rs 18,910 previously.

Silver ready (.999 fineness) hardened further by Rs 225 per kilo to end at Rs 30,245 from Rs 30,020 yesterday.

In New York, gold for August delivery added by USD 10.30 to settle at USD 1,256.20 an ounce on the Comex division of the NYMEX.

July silver futures up by 37 cents to conclude at USD 19.11 an ounce.

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