Precious metals decline on bearish global advices

Mumbai, Mar 30 (UNI) Precious metals declined on bearish global advices with Silver down by Rs 20 per kg and pure Gold by Rs 40 per ten gm on the Bombay Bullion Exchange.

Silver opened low at Rs 19,490 per kg on lack of fresh demand and slightly improved and closed at Rs 19,500 with a loss of Rs 20 from its yesterday's close.

In London, Silver was upward at USD 13.36/13.39 per troy ounce against USD 13.35/13.37 per troy ounce in New York.

Similarly, Gold (99.5) and pure Gold (99.9) opened downward at Rs 9,380 and Rs 9,430 per ten gm on poor demand and closed at Rs 9,400 for standard gold and Rs 9,445 for pure gold with a loss of Rs 35 and Rs 40 respectively from their last close.

In London, the yellow metal slightly eased at USD 662.40/664.00 per troy ounce as compared to USD 662.40/665.00 per troy ounce in New York on Thursday.

Following are the spot Silver and Gold closing prices: Silver (per kg) .999 grade : Rs 19,500 (19,520), Gold (per 10 gm): Standard mint 99.5 purity : Rs 9,400 (9,435) Pure gold 99.9 purity : Rs 9,445 (9,485) UNI