Gold, silver prices edge up on good offtake

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Press Trust of India Mumbai
Last Updated : Jul 19 2017 | 6:02 PM IST
Gold prices edged up further at the bullion market here today due to good investors as well stockist offtake amid steady buying by jewellery retailers, despite a drop at the international level.
Silver also moved up on speculative and industrial buying.
Standard gold (99.5 purity) gained by Rs 30 to close at Rs 28,210 per 10 grams from Tuesday's closing level of Rs 28,180.
Pure gold (99.9 purity) also added by a similar margin to conclude at Rs 28,360 per 10 grams as against Rs 28,330 previously.
Silver (.999 fineness) went-up by Rs 60 per kg to end at Rs 37,480 from Rs 37,420 yesterday.
In Europe, gold prices slipped back below USD 1,240 an ounce as the dollar's recovery from 10-month lows dampened upward momentum in the metal after three straight sessions of gains.
Spot gold fell 0.3 percent at USD 1,238.50 an ounce in early trade.
Spot silver was down 0.2 percent at USD 16.215 an ounce.

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First Published: Jul 19 2017 | 6:02 PM IST

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