ET: Gold, silver edges higher on mild buying support
MUMBAI: Gold prices moved up in an otherwise lacklustre bullion market here today on fresh demand amid higher advices in New York.
Silver too edged up owing to mild industrial support. Standard gold (99.5 purity) finished higher by Rs 10 per ten grams to end at Rs 16,760 from overnight closing level of Rs 16,750.
Pure gold (99.9 purity) also gained by a similar margin to Rs 16,845 per ten grams as against Rs 16,835 yesterday.
Silver ready (.999 fineness) looked up by Rs 10 per kilo to settle at Rs 28,350 from Rs 28,340.
In New York, gold for June delivery rose by 70 cents to USD 1,160.30 an ounce in the Comex division of the NYMEX.
Silver for May delivery also gained by 2 cents to USD 18.43 an ounce.
