Precious metals ease on bearish advice

Mumbai, Jan 15 (UNI) Both the precious metals today eased with Silver down by Rs 130 per kg and Gold by Rs 50 per ten gm on sustained heavy selling pressure by stockists in view of bearish advice from global marekts, 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 20,720 (20,850) Gold (per 10 gm) Gold 99.5 purity standard mint : Rs 11,525 (11,575) Gold 99.9 purity pure gold : Rs 11,575 (11,625).

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