Silver surges on global cues

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Press Trust Of India Mumbai
Last Updated : Jan 20 2013 | 10:13 PM IST

Silver surged at the domestic bullion market on Tuesday on hectic speculative build-up and industrial buying amidst firm global trend.

Gold also edged higher in a limited trade supported by some local buying interest.

Silver ready (.999 fineness) shot up by Rs 840 per kg to end at Rs 56,435 from Monday's closing level of Rs 55,595 per kg. Standard gold (99.5 purity) added Rs 10 per 10 grams to end at Rs 22,515 from yesterday's closing level of Rs 22,505.

Pure gold (99.9 purity) gained by Rs 15 per 10 grams to conclude at Rs 22,620 as against Rs 22,605 previously.

In overseas market, the precious metals firmed up on weak dollar as well as worries over global economic recovery sustaining the metals as safe haven bet.

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First Published: Jun 08 2011 | 12:21 AM IST

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