Precious metals surge to record levels

Mumbai, Sep 18 (UNI) Both the precious metals were on the upswing today as Silver posted a two-week high, surging by Rs 1,795 per kg to end at Rs 20,660, while gold rose to a 8-week high gaining Rs 1,265 per ten gm, on brisk buying support along with strong global advice, traders at the Bombay Bullion Association said.

Following were the closing rates of spot Silver and Gold: Silver (per kg) 999 fineness grade : Rs 20,660 (18,865) Gold (per 10 gm): Gold 99.5 purity standard mint : Rs 13,020 (11,755) Gold 99.9 purity pure gold : Rs 13,090 (11,820) UNI NV GS OBB SKB1807