PTI: Gold at record high on buying spree, silver at 30K
Mumbai, June 1 (PTI) Gold prices surged to hit an all- time high at the bullion market here today on fresh buying on the back of marriage season amid a firming global trend.
Silver also spiked to reach the 30,000 level on fresh buying by the industrial users.
Standard gold (99.5 purity) shot up by Rs 345 per ten grams to finish at a new peak of Rs 18,750 from yesterday's closing level of Rs 18,405.
Pure gold (99.9 purity) zoomed by Rs 350 per ten grams to a historic high of Rs 18,840 as against previous closing of Rs 18,490.
Silver ready (.999 fineness) increased by Rs 250 per kilo to Rs 30,000 from Rs 29,750 yesterday.