Mumbai, Jun 7: Values of Spot silver and gold today resumed higher at Rs 24,680 per kg with a massive gain of Rs 430 while gold opened firm at Rs 12,510 per ten gm with a gain of Rs 275, from their last finish, following a report of bullish advises from Asian markets along with fresh speculative demand by stockists, traders at the Bombay Bullion Association said here.
Silver (999 finesses grade) shot up by Rs 430 per kg, while standard mint gold and pure gold gained by Rs 275 and Rs 270 respectively from their last finish. There was lack of offers by stockists in view of encouraging advice from global markets. In Asian and London markets, gold crossed again USD 900 mark and quoted high in a range of USD 901.20/902.60 per troy ounce, against USD 882.40/884.60 previous day. Silver also touched a high at USD 17.50/17.53 per troy ounce as compared to USD 17.18/17.19 per troy ounce from its last close, helping a upward trend in the domestic prices, traders added.
Following were the opening spot rates: Silver (per kg) 999 fineness grade: Rs 24,680 Gold (per 10 gm): 99.5 purity standard mint: Rs 12,510 99.9 purity pure gold: Rs 12,570