Silver and Gold prices move upwards

Mumbai, Nov 20 (UNI) Silver and Gold rose on bullish global advices and increase of fresh demand with the white metal registering a modest rise of Rs 50 and Gold was higher by Rs 35 at close on the Bombay Bullion market today.

Spot Silver .999 fineness variety opened high at Rs 19,295 per kg on improved demand. Later, it fell slightly and closed at Rs 19,290 per kg, with a gain of Rs 50 from its Saturday's close.

In London, the white metal was quoted upwards at USD 12.85/12.95 per troy ounce against USD 12.75/12.82 per troy ounce in New York.

Similarly, standard Gold (99.5) and pure Gold (99.9) opened high at Rs 9,090 and Rs 9,140 per ten gram, respectively.

The yellow metal improved smartly and closed at Rs 9,110 and Rs 9,155 with a gain of Rs 35 for standard gold and Rs 30 for pure gold from its previous close.

In London, the yellow metal went up at USD 622.70/624.00 per troy ounce as compared to USD 621/622 per troy ounce at New York on Friday.

Following are the spot silver and gold closing prices: Silver (per kg) .999 grade : Rs 19,290 (19,240) Gold (per 10 gm): Standard mint 99.5 purity : Rs 9,110 (9,075) Pure Gold 99.9 purity : Rs 9,155 (9,125).

UNI VD MJ/OBB AG1813