Gold prices firmed up on the bullion market here today due to persistent local demand amidst higher global advices.
While, silver declined further in the absence of demand from industrial users.
Gold futures in New York rose for the first session, bouncing back from their lowest level in more than three weeks as the dollar weakened following US Economic data, increasing gold's investment appeal.
On the Comex division of the New York Mercantile Exchange, August gold gained by $4.70 to end at $932.20 an ounce. The June also gained by $4.00 to $931.60 an ounce.
Turning to the domestic market, standard gold (99.5 purity) moved up by Rs 20 per 10 grams to Rs 14,490 from yesterday's closing level of Rs 14,470.
Pure gold (99.9 purity) also rose by Rs 40 per 10 grams to Rs 14,555 as against Rs 14,515 yesterday.
However, silver ready (.999 fineness) declined further by Rs 55 per kilo to Rs 22,675 from Rs 22,730 yesterday.