Gold extends gains for third day, up Rs 10 to Rs 20,500/10 gm

Written by: Pti
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New Delhi, Feb 10 (PTI) Gold continued its upward streakfor the third straight session and rose further in the bullionmarket today by Rs 10 to Rs 20,500 per 10 grams, largely onsustained buying by local parties for the ongoing marriageseason, while silver held steady at Rs 45,850 per kg.

Traders said silver lacked necessary buying support atexisting higher level and traded around previous levels.

On the domestic front, gold of 99.9 and 99.5 per centpurity added another Rs 10 each to Rs 20,500 and Rs 20,380 per10 grams, respectively. They gained Rs 150 in the previous twotrading sessions. Sovereign remained stable at Rs 16,850 perpiece of eight grams.

Silver ready held steady at Rs 45,850 per kg, whilesilver weekly-based delivery gained Rs 30 to Rs 45,685 per kg.

Silver coins also moved up by Rs 200 to Rs 50,000 for buyingand Rs 50,100 for selling of 100 pieces.

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