Gold closes at three year high of Rs 9,800 per ten gm

Mumbai, Oct 17 (UNI) Pure Gold today closed at a three year high at Rs 9,800 per ten gm with a modest gain of Rs 35 from its last close on brisk seasonal demand from ornament makers along with firm advice from global, traders at the Bombay Bullion Association said.

But Silver ended lower at Rs 18,355 per kg with a major loss of Rs 115 on weaker global advice, traders added.

Following are the closing rates of spot silver and gold: Silver (per kg) 999 fineness grade : Rs 18,355 (18,470) Gold (per 10 gm) Gold 99.5 purity standard mint : Rs 9,750 (9,715) Gold 99.9 purity pure gold : Rs 9,800 (9,765).

UNI