Silver, Gold further decline

Mumbai, July 17 (UNI) Both the precious metals further declined today as Silver was down by Rs 90 per kg and Gold by Rs 275 per ten gm on sluggish demand by ornament makers and weak global cues, traders at the Bombay Bullion Association (BBA) said.

Following were the closing rates of spot silver and gold: Silver (per kg) 999 fineness grade : Rs 25,800 (25,890) Gold (per 10 gm): Gold 99.5 purity standard mint : Rs 13,285 (13,560) Gold 99.9 purity pure gold : Rs 13,340 (13,625) UNI NV OBB SKB1758