Gold sets fresh new record at Rs 11,395 per ten gm

Mumbai, Jan 12: The value of gold closed today at Rs 11,395 setting a fresh new record as it rose by Rs 40 on improved demand, traders at the Bombay Bullion Association (BBA) said.

Silver, however, ended flat level of Rs 20,625 per kg from its last close on moderate demand, traders added. Following were the closing rates of spot silver and gold: Silver (per kg) 999 fineness grade : Rs 20,625 (20,625) Gold (per 10 gm) Gold 99.5 purity standard mint : Rs 11,395 (11,355) Gold 99.9 purity pure gold : Rs 11,445 (11,405).

UNI