Gold continues to rule firm, silver at fresh all-time high

Gold prices moved up further at the bullion market here today due to persistent local buying interest despite weak global cues.

On the other hand, silver zoomed to touch an all-time new peak at Rs 42,445 per kilo, boosted by heavy speculative buying spree on the back of higher global markets.

Standard gold (99.5 per cent purity) advanced further by Rs 35 per 10 grams to finish at Rs 20,085 from yesterday's closing level of Rs 20,050.
    
Pure gold (99.9 per cent purity) also looked up by Rs 40 per ten grams to close at Rs 20,185 from Rs 20,145 previously.
    
Silver ready (.999 fineness) spurted by Rs 460 per kg to end at Rs 42,445 as against Rs 41,985.
    
In New York, gold for December delivery lost 70 cents to USD 1,352.30 an ounce at the Comex division of NYMEX.
    
However, December silver rose by 35 cents to USD 27.18 an ounce.