Silver climbs Rs 33,000 a kg, gold slips

Maintaining its record-setting spree, the silver prices jumped to Rs 33,000 per kg in the national capital today, on sustained buying by stockists amid a firming global trend. 

However, gold prices slid marginally due to lack of necessary buying support at home, even as the precious metal rose to record-high levels in international markets.

Domestic sentiment in silver trade remained bullish, in tandem with the international trend where silver price shot up by 1 per cent to $21.32 an ounce, its highest in two and a half years.

Silver price at home rose by Rs 50 to Rs 33,000 per kg, its highest level so far. Silver weekly-based delivery gained by Rs 20 to Rs 32,570 per kg.

 

Silver coins, too, climbed a new peak, rising by Rs 100 to Rs 35,300 for buying and Rs 35,400 for selling of 100 pieces. 

On the other hand, the gold of 99.9 and 99.5 per cent of purity declined by Rs 5 each to Rs 19,465 and Rs 19,365 per ten grams respectively. They had gained Rs 125 in the previous session. 

However, sovereign remained steady at Rs 15,300 per piece of eight grams in restricted buying.