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Silver, Gold rise

Posted on Nov 17, 10:17PM | UNI

Snapping the downward trend of last two sessions, the precious metals rose today at the domestic bullion market with Silver moving up by Rs 120 to Rs 61,760 per kg and Gold advanced by Rs 95 per ten gm to Rs 31,635 on demand from stockists, traders at the Bombay Bullion Assocation (BBA) said.

Tumbling by Rs 725 per kg in last two sessions, Silver increased by Rs 120 per kg to close higher at Rs 61,760 per kg against its last close.

Similarly, Gold which was down by Rs 360 per ten gm in couple of days, gained by Rs 95 for standard gold and Rs 90 for pure gold.

Standard gold and pure gold finished positive at Rs 31,635 and Rs 31,765 per ten gm respectively.

Following were the closing rates of spot silver and gold: Silver per kg Rs 61,760 (Rs 61,640) Gold 99.5 (standard mint) Rs 31,635 (Rs 31,540) Gold 00.8 (pure) Rs 31,765 (Rs 31,675)