Gold, Silver lower on bearish advice from Int Mkts

Mumbai, Nov 8 (UNI) Silver and Gold closed lower with the white metal declining by Rs 690 per kg and Gold by Rs 80 per ten gms from their last close on lack of fresh seasonal demand at the previous higher level in view of discouraging advice from global markets, traders at the Bombay Bullion Association (BBA) said.

Following are the closing rates of spot silver and gold: Silver (per kg) 999 fineness grade : Rs 20,050 (20,740) Gold (per 10 gm) Gold 99.5 purity standard mint : Rs 10,605 (10,685) Gold 99.9 purity pure gold : Rs 10,655 (10,735).

UNI