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Gold ends steady; silver remains up on rising demand

Press Trust of India  |  New Delhi 

Gold ended steady at Rs 26,330 per ten grams at the bullion market today on scattered buying by jewellers.

Silver, however, gained for the third day and added another Rs 240 to Rs 35,750 per kg on rising demand from industrial units.

Traders said scattered buying by jewellers and absence of any cues from global market, mainly kept gold prices steady.

In the national capital, gold of 99.9 and 99.5 per cent purity ended unchanged at Rs 26,330 and Rs 26,180 per ten grams, respectively.

Sovereign followed suit and enquired at last level of Rs 23,000 per piece of eight grams.

On the other hand, silver ready strengthened by Rs 240 to Rs 35,750 per kg and weekly-based delivery by Rs 150 to Rs 35,615 per kg.

However, silver coins remained stable at Rs 53,000 for buying and Rs 54,000 for selling of 100 pieces in restricted buying activity.

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First Published: Sat, July 11 2015. 15:42 IST