Mixed trend witnessed in precious metals

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Mumbai, July 5 (UNI) A mixed trend was witnessed in precious metals today with Silver declining by Rs 15 per kg and Gold rising by Rs 25 per ten gm on improved demand, traders at the Bombay Bullion Association (BBA) said.

Silver fell further by Rs 15 and closed at Rs 25,065, while gold improved by Rs 25 after yesterday's fall of Rs 160.

The white metal opened high at Rs 25,095 per kg on better buying support.

Later, it dropped on lack of fresh demand by stockists and finished at Rs 25,065, losing Rs 15 per kg from its previous close.

Standard mint and pure gold opened high at Rs 12,990 and Rs 13,050 per ten gm respectively on brisk buying support.

Later, standard mint gold and pure gold further rose to Rs 13,000 and Rs 13,060 respectively on positive note from dealers, traders said.

Standard gold and pure gold increased by Rs 25 per ten gm each from their previous finish.

Following are the spot silver and gold closing prices: Silver (per kg) .999 grade: Rs 25,065 (25,080) Gold (per 10 gm): Standard mint 99.5 purity: Rs 13,000 (12,975) Pure gold 99.9 purity: Rs 13,060 (13,035) UNI NV GS OBB SKB1552

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