Precious metals decline on bearish global advice

Mumbai, Nov 5: Both the Precious metals today closed lower with Silver declining by Rs 70 per kg and Gold by Rs 60 per ten gm, on increased offers by stockists in view of bearish 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 19,355 (19,425) Gold (per 10 gm) Gold 99.5 purity standard mint : Rs 10,230 (10,290) Gold 99.9 purity pure gold : Rs 10,280 (10,340).

UNI