Gold opens up at Rs 12,005 on bullish advice

Mumbai, Nov 18: Gold on Tuesday, Nov 18 rose by Rs 45 per ten gm to 12,005 per ten gm in the opening session, on brisk buying support from industrial users, traders in the Bombay Bullion Association said.

While, silver declined by Rs 115 to Rs 16,760 per kg on lack of fresh demand. In London market, a slight change was seen in the precious metals as gold was recorded at USD 736.00/737.50 (738.00/739.25) per troy ounce, while silver was quoted at USD 09.39/09.40 (09.50/09.51) per troy ounce. Following are the spot silver and gold closing prices: Silver (per kg) .999 grade: Rs 16,760 Gold (per 10 gm): Standard mint 99.5 purity: Rs 12,005 Pure gold 99.9 purity: Rs 12,065.

UNI