Gold edges up on local buying support; silver moves up

Gold prices gained marginally in thin trade at the domestic bullion market here on renewed local buying interest as well as festival and wedding-related uptick.
Silver also moved up due to increased demand from industrial users.
Standard gold (99.5 purity) advanced by Rs 30 to settle at Rs 26,685 per 10 grams from last Saturday's level of Rs 26,655.
Pure gold (99.9 purity) also added by a similar margin to end at Rs 26,835 per 10 grams as against Rs 26,805.
Silver (.999 fineness) rose by Rs 70 to finish at Rs 36,840 per kilo compared to Rs 36,770 last weekend.

On the global front, the yellow-metal continued to trade near its lowest level in five weeks on investors caution ahead of the much awaited Federal Reserve policy meet this week despite amid Greece debt uncertainty.
Spot gold was bid up at USD 1,181.70 an ounce in early European trade, while silver quoted at USD 15.82 an ounce.