Silver, Gold move up: BBA

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Mumbai, Dec 17: Precious metals moved up today with Silver and Gold improving slightly by Rs 30 per kg and Rs 5 per ten gm respectively in the opening session from their last close, traders at the Bombay Bullion Association (BBA) said.

Reports from Tokyo said that Gold advanced on Monday as energy prices edged up, but investors were unwilling to take large buy positions ahead of year-end holidays, with the Dollar's strength also weighing on the topside. Spot Gold was trading at USD 796.40/797.20 an ounce as of 0054 GMT, up from USD 792.70/793.50 in New York on Friday.

Silver fell to USD 13.93/13.98 an ounce from USD 13.80/13.85 late in New York. Following are the opening rates of spot Silver and Gold in the Bombay Bullion Market today: Silver (per kg) .999 fineness grade: Rs 18,655, Gold (per 10 gm): Gold 99.5 purity standard mint Rs 10,145, Gold 99.9 purity pure Gold Rs 10,195.


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