NEW DELHI: Gold prices continued with its upward march on the bullion market on Monday by adding another Rs 40 to close at Rs 14,760 per ten gram buying by stockists influenced by firming trend in Asian region.
Silver, however, declined by Rs 100 to Rs 22,400 per kg on reduced offtake by industrial units.
Trading sentiment remained bullish in gold after reports that the metal reached near the highest in more than two months in Asian trading as a weakening dollar spurred its demand as a haven investment.
Standard gold and ornaments rose by Rs 40 each at Rs 14,760 and Rs 14,610 per ten gram respectively. Sovereign, however, remained flat at Rs 12,400 per piece of eight gram.
On the other hand, silver ready lacked necessary follow up support and declined by Rs 100 to Rs 22,400 per kg and weekly-based delivery by Rs 10 to Rs 22,670 per kg. Its coins held unchanged at Rs 29,100 for buying and Rs 29,200 for selling of 100 pieces.
