Solver declines, Gold up by Rs 15

Mumbai, Jan 8: A mixed trend was seen in the precious metals today with Silver declining by Rs 65 per kg and Gold going up by Rs 15 per ten gm on the Bombay Bullion Exchange.

Silver fineness opened lower at Rs 18,650 per kg on thin buying support. Later, it closed at Rs 18,655 per kg, with a loss of Rs 65 per kg from Saturday's close.

In London, the white metal was quoted low at 12.10/12.20 per troy ounce against US 12.20/12.25 dollars per troy ounce in New York.

However, standard gold (99.5) and pure gold (99.9) opened high at Rs 8,820 and Rs 8,870 per ten gm respectively on good demand.

The yellow metal closed at the opening level with a gain of Rs 15 for standard gold and Rs 10 for pure gold respectively from their previous close.

In London, the yellow metal was slightly up at USD 603/607.00 per troy ounce as compared to USD 603/606 per troy ounce in New York on Friday.

Following are the spot silver and gold closing prices: Silver (per kg) .999 grade : Rs 18,655 (18,720) Gold (per 10 gm): Standard mint 99.5 purity : Rs 8,820 (8,805) Pure gold 99.9 purity : Rs 8,870 (8,860).

UNI