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Silver, Gold decline

Posted on Dec 15, 03:31PM | UNI

The precious metals drifted lower today, with Silver sliding by Rs 425 per kg to Rs 61,335 and Gold fell by Rs 5 per ten gm to Rs 30,925 on weak demand by stockists, traders at the Bombay Bullion Association (BBA) said.

Declining by Rs 180 per kg yesterday, Silver further lost ground by Rs 425 per kg to close in red at Rs 61,335 against its last close.

Gold that rose by Rs 85 per ten gm yesterday, eased by Rs 5 for standard gold to finish at Rs 30,925 per ten gm.

Pure gold finshed at Rs 31,065.

Followig are the closing rates of Silver and Gold Silver (per kg) Rs 61,335 (Rs 61,760) Standard gold Rs 30,925 (Rs 30,930) Pure gold Rs 31,065 (Rs 31,060) (per 10 gm)