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IND: Silver price strengthens, gold ends flat
 
Silver prices strengthened further at the domestic bullion market on good speculative buying by investors amidst industrial offtake following firm global cues.

While, gold traded lacklustre with standard gold ending on a steady note and marginal gain in pure gold due to stray investors as well as jewellery buying.

Silver ready (.999 fineness) gained by Rs 185 per kg to finish at Rs 56,525 from Tuesday's closing level of Rs 56,340.

Standard gold (99.5 purity) ended stable at Rs 28,460 per 10 grams.

However, pure gold (99.9 purity) moved up by Rs 20 to conclude at Rs 28,615 per 10 grams from Rs 28,595.

In New York, gold ended higher following rise in oil and equities amidst confidence in Spanish bond sale.

Gold of June delivery advanced by USD 1.40 to USD 1,651.10 an ounce on the Comex division of NYMEX late yesterday. May silver rose by 30 cents to USD 31.67 an ounce.
Source