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Gold ends sluggish, silver recovers

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Press Trust of India Mumbai
Last Updated : Jan 29 2013 | 2:34 PM IST

In contrast, silver recovered on good speculative offtake amid industrial demand.

"Trading is thin as most people are in holiday mood due to (Sankrant) festival," trader said.

Standard gold of 99.5 per cent purity eased by Rs 30 to close at Rs 30,400 per 10 gm from last Saturday's closing level of Rs 30,430.

Pure gold of 99.9 per cent purity also moved down by Rs 45 to end at Rs 30,535 per 10 gm from Rs 30,580.

However, silver ready (.999 fineness) rose by Rs 220 to close at Rs 58,390 per kg against weekend level of Rs 58,170.

In Europe, Gold climbed on strong euro. Spot gold was bid up at USD 1,667.59 an ounce in early trade today while silver was bid higher at USD 30.71 an ounce.

  

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First Published: Sep 22 2010 | 11:52 AM IST

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