Gold, Silver firm up

Mumbai, Nov 19 (UNI) Gold today ended at a three-week high at Rs 12,015, up by Rs 30 per ten gm, on sustained demand by industrial users even as Silver zoomed up by Rs 105 per kg on brisk buying support, traders at the Bombay Bullion Association said.

Standard and pure gold opened firm at Rs 12,005 and Rs 12,070 per ten gm respectively, on speculative demand by jewellery makers.

Finally, both ended in a positive note at Rs 12,015 and Rs 12,080 respectively. Standard gold and pure gold soared by Rs 30 and Rs 40 per ten gm respectively.

Silver opened high at Rs 16,815 per kg on good demand by ornament makers. Later, the white metal shot up by Rs 105 per kg and closed at Rs 16,800 from its previous close, on better buyng support from stockists.

In Asian markets, Gold was quoted high at USD 740.001.00 (739.009.50) per troy ounce and Silver rose at USD 09.44.45 (09.35.36) per troy ounce.

Following are the spot silver and gold closing prices: Silver (per kg) .999 grade: Rs 16,800 (16,695) Gold (per 10 gm): Standard mint 99.5 purity: Rs 12,015 (11,985) Pure gold 99.9 purity: Rs 12,080 (12,040) UNI NV OBB NP1823