Silver, gold at 9 months high

Mumbai, Feb 26 (UNI) Spot Silver today zoomed to a 9-1/2 month high and closed at Rs 20,700 per kg, while Gold ended at a 9 month high at Rs 9,865 per ten gm on the Bombay Bullion Exchange, Silver fineness resumed high at Rs 20,810 per kg on good demand.

Later, it slipped down and closed at Rs 20,700 per kg with a loss of Rs 15 from its saturday's close.

In London, the white metal went up at 14.62/14.65 per troy ounce against USD 14.54/14.58 per troy ounce in New York.

However, standard Gold (99.5) and pure Gold (99.9) opened high at Rs 9,840 and Rs 9,895 per ten gm on better buying support.

The yellow metal eased slightly and closed at Rs 9,820 and Rs 9,865 per ten gm with a gain of Rs 25 for standard Gold and Rs 20 for pure Gold from its last close.

In London, the yellow metal went up at USD 682.80/685.00 per troy ounce as compared to USD 681.40/683.30 per troy ounce in New York on Friday.

Following are the spot Silver and Gold closing prices: Silver (per kg) .999 grade : Rs 20,700 (20,715), Gold (per 10 gm): Standard mint 99.5 purity : Rs 9,820 (9,795), Pure gold 99.9 purity : Rs 9,865 (9,845).

UNI