Gold and Silver tumble: BBA

Mumbai, Apr 1: Both the precious metals tumbled today with Silver declining by Rs 985 per kg and Gold by Rs 440 per ten gm on lack of demand along with bearish global cues, traders at the Bombay Bullion Association said.

Following are the closing rates of spot silver and gold: Silver (per kg) 999 fines grade : Rs 22,640 (23,625) Gold (per 10 gm) Gold 99.5 purity standard mint : Rs 11,685 (12,125) Gold 99.9 purity pure gold : Rs 11,750 (12,185).

UNI