Silver, Gold end higher

Mumbai, Sep 30 (UNI) Maintaining the upward march, precious metals surged ahead today with Silver rising by Rs 55 per kg to Rs 21,240 and Gold by Rs 250 per ten gm to Rs 13,410 on sustained demand by local dealers, traders at the Bombay Bullion Association said.

In the last three days, Silver has risen by Rs 265 and Gold by Rs 385.

Silver .999 variety opened high at Rs 21,210 on better buying support from local dealers.

Later, the white metal ended at Rs 21,240 with a gain of Rs 55 per kg from its previous finish, on renewed demand from ornament makers.

Similarly, standard and pure gold opened high at Rs 13,490 and Rs 13,545 per ten gm respectively.

Later, standard and pure gold edged up by Rs 250 and Rs 245 per ten gm respectively. they closed at Rs 13,410 per ten gm for Standard mint and for pure gold at Rs 13,470 per ten from their last close, on lack of offers by stockists in view of strong global cues.

In global markets, the yellow metal was recorded at USD 889.00/889.25 per troy ounce and Silver was quoted at USD 12.62/12.63 per troy ounce from its last finish, dealers informed.

Following are the spot silver and gold closing prices: Silver (per kg) .999 grade: Rs 21,240 (21,185) Gold (per 10 gm): Standard mint 99.5 purity: Rs 13,410 (13,160) Pure gold 99.9 purity: Rs 13,470 (13,225) UNI NV OBB NP1852