Silver, gold head south on weak global advice

Mumbai, Aug 24: Silver and gold today closed lower and eased by Rs 30 per kg and Rs 20 per ten gm respectively on thin ornament makers demand and discouraging advice from global and upcountry markets, traders at the Bombay Bullion Association said.

Following are the closing rates of spot silver and gold: Silver (per kg) 999 fineness grade : Rs 16,925 (16,955), Gold (per 10 gm) Gold 99.5 purity standard mint : Rs 8,825 (8,845) Gold 99.9 purity pure gold : Rs 8,875 (8,895). UNI