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Precious metals nosedive on weaker advice from Int Mkts

Mumbai, Nov 13: Both the precious metals today closed softer with Silver declining by Rs 400 per kg and Gold by Rs 125 per ten gm on sustained heavy offers by stock-holders due to bearish advice from global markets, traders at Bombay Bullion Association said.

Following are the closing rates of spot silver and gold: Silver (per kg) 999 fineness grade : Rs 19,490 (19,890) Gold (per 10 gm) Gold 99.5 purity standard mint : Rs 10,285 (10,410) Gold 99.9 purity pure gold : Rs 10,335 (10,460).

UNI

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