Gold hits another record at Rs 11,575 per ten gm

Mumbai, Jan 14: Gold continued its upward swing and rose by Rs 180 per ten gm today to hit another record peak of Rs 11,575 on strong global advice, traders at the Bombay Bullion Association (BBA) said. Silver also closed around a ten week high of Rs 20,850 per kg with a gain of Rs 225 per kg from its last close owing to improved demand, traders added.

Following were the closing rates of spot silver and gold: Silver (per kg) 999 fineness grade : Rs 20,850 (20,625) Gold (per 10 gm) Gold 99.5 purity standard mint : Rs 11,575 (11,395) Gold 99.9 purity pure gold : Rs 11,625 (11,445).

UNI