Gold touches all-time-high of Rs 11,845 per ten gm

Mumbai, Jan 29 (UNI) Gold closed at an all time high of Rs 11,845 per ten gm, gaining Rs 135 per ten gm, even as Silver registered a 2-year high of Rs 21,080 per kg, going up by Rs 200 per kg on strong global advice, traders at the Bombay Bullion Association (BBA) said.

Both in international and domestic market precious metals are moving up day by day because of rising price of crude oil, sources said.

Standard gold (99.5 purity) and pure gold (99.9) opened upward at Rs 11,825 and Rs 11,880 per ten gm respectively on fresh buying support.

Later, the yellow metal inched up and closed at Rs 11,845 and Rs 11,895, with a gain of Rs 135 each for standard gold and pure gold from their previous close.

In the overseas market, Gold was up at 920.00/922.00 per troy ounce against 915.00/916.00 per troy ounce, traders said.

Silver fineness (.999) purity opened high at Rs 21,060 per kg on good demand from retailers. Later, it rose and closed at Rs 21,080 per kg with a gain of Rs 200 per kg as compared to its previous close.

In the London market, Silver inched up at 16.60/16.62 per troy ounce, compared to its last close of 16.46/16.47 per troy ounce.

Following are spot silver and gold closing prices: Silver (per kg) .999 grade: Rs 21,080 (20,880) Gold (per 10 gm) Standard mint 99.5 purity: Rs 11,845 (11,710) Pure gold 99.9 purity: Rs 11,895 (11,760).

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