Silver prices zoomed to a new record high at the bullion market here today driven by highly speculative build-up as well as strong industrial buying support despite bearish global trend.

Gold also moved up marginally owing to mild local demand.

Also Read   Related Stories News Now - Gold seen extending gains, may hit new high - Gold recovers on firm global cues; silver eases - RIL not finished with US shale buys - Goldman Sachs to raise Rs 1,000 crore via CPs - No major upside from current level - Goldman Sachs to shut principal strategies unit

Also Read   Related Stories News Now - Markets post worst May performace since 2006 - Kavveri Telecom Q4 net declines over 6% - Wall Street opens flat on economy worries - RIM to set up first BlackBerry innovation zone in India - Rajaratnam bragged about sources of inside info: Gupta lawyers More

Standard gold (99.5 purity) moved up by Rs 5 per ten grams to settle at Rs 18,975 from Rs 18,970 last Saturday.
    
Pure gold (99.9 purity) also gained by Rs 15 per ten grams to finish at Rs 19,075, as against Rs 19,060.
    
In Europe, gold mostly moved in a tight range on the back of strong recovery in stock markets.
    
Spot gold was bid at $1,249.60 an ounce in early trade, as against $1,248.04 late on Friday.
    
Silver was little changed at $19.85 an ounce, as against $19.87.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets post worst May performace since 2006 - Kavveri Telecom Q4 net declines over 6% - Wall Street opens flat on economy worries - RIM to set up first BlackBerry innovation zone in India - Rajaratnam bragged about sources of inside info: Gupta lawyers

Tags : gold | silver | prices | stock markets   Read Business news in  Advertisements -  India's no. 1 Property Site. Click here to know more -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Help a Child Achieve her. Click to know more -  "Discover The Power of One" -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Watch The Film Here. Click here to know more.. -  Learn How One City is Running on FOOD SCRAPS. -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More -  2 Lac Apartments, 1 Lac House / Plots. Click here