Gold declines, silver rises

Mumbai, July 23 (UNI) Spot gold today closed lower on thin demand but silver rose on lesser stocks supply, traders at the Bombay Bullion Association said.

Following are the closing rates of spot silver and gold: Silver (per kg) 999 fineness grade : Rs 18,285 (18,255), Gold (per 10 gm) Gold 99.5 purity standard mint : Rs 8,950 (8,955) Gold 99.9 purity pure Gold : Rs 9,000 (9,005) UNI