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RTRS: Gold, silver up on fresh buying, firm global trend
 
NEW DELHI: Gold and silver recovered in the bullion market here on Friday on emergence of buying by stockists influenced by a firming global Gold rose by Rs 130 to Rs 15,090 per 10 gram, while silver recovered Rs 300 to Rs 23,300 per kg.

Marketmen said buying activity picked up after reports that the precious metals rose in the overseas market as dollar weakened against major currencies.

In the global markets, which normally set price trend in the domestic markets, gold rose 7.40 dollar to 973 dollar an ounce in New York in previous day's trading.

Standard gold and ornaments moved up by Rs 130 each to Rs 15,090 and Rs 14,940 per 10 gram, respectively. Sovereign soared by Rs 50 to Rs 12,450 per piece of eight gram.

Silver ready recovered Rs 300 to Rs 23,300 per kg, after falling by Rs 500 in previous day's trading and weekly-based delivery by Rs 665 to Rs 24,355 per kg.

Silver coins gained Rs 100 at Rs 29,700 for buying and Rs 29,800 for selling of 100 pieces.
Source