Silver and Gold rise on bullish global advice

Mumbai, Jan 9 (UNI) Spot Silver and Gold today rose by Rs 200 per kg and Rs 45 per ten gm on bullish global advice, the Bombay Bullion Exchange.

Silver fineness opened high at Rs 18,770 per kg on better buying support. Later, it improved and closed higher at Rs 18,855 per kg, with a huge gain of Rs 200 per kg from yesterday's close.

In London, the white metal was quoted high at 12.36/12.40 per troy ounce against US 12.13/12.20 dollars per troy ounce in New York.

Similarly, standard gold (99.5) and pure gold (99.9) opened high at Rs 8,860 and Rs 8,910 per ten gm respectively on good advice.

The yellow metal closed slightly high at Rs 8,865 and Rs 8,915 per ten grams with a gain of Rs 45 each from its previous close.

In London, the yellow metal was high at USD 609/611.00 per troy ounce as compared to USD 605/607 per troy ounce in New York on Monday.

Following are the spot silver and gold closing prices: Silver (per kg) .999 grade : Rs 18,855 (18,655) Gold (per 10 gm): Standard mint 99.5 purity : Rs 8,865 (8,820) Pure gold 99.9 purity : Rs 8,915 (8,870) UNI NV/VD PM VKG1805