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.
Silver ready (.999 fineness) climbed further by Rs 110 per kilo to end at Rs 31,800 from last weekend's closing level of Rs 31,690.
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.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app