In contrast, the industrial metal continued to drift for the fifth straight session on hectic unwinding from speculators.
Standard gold (99.5 purity) softened by Rs 5 per 10 gm to settle at Rs 30,925 from Friday's closing level of Rs 30,930. While, pure gold (99.9 purity) gained by Rs 5 per 10 gm to end at Rs 31,065 from Rs 31,060.
Silver ready (.999 fineness), however, slumped by Rs 425 per kg to conclude at Rs 61,335 as compared to Rs 61,760 yesterday.
In overseas, gold ended nearly flat amid uncertainty over looming fiscal crisis.
Gold for February delivery was marginally up to close at USD 1,697 an ounce on the Comex division of the NYMEX late yesterday.
Silver for March contract moved down to finish at USD 32.30 an ounce.
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
