Gold, silver scale higher on good buying

Rising for the third straight day, gold prices climbed by Rs 305 per 10 grams at the bullion market here today on increased buying by jewellers and retail consumers even as the metal weakened overseas.
Silver too attracted increased buying support from industrial units.
Standard gold (99.5 purity) rose by Rs 305 to end at Rs 30,040 per 10 grams against Monday's closing level of Rs 29,735.
Pure gold (99.9 purity) also gained the same amount to settle at Rs 30,190 per 10 grams from Rs 29,885 earlier.
Silver (.999 fineness) moved up by Rs 370 to finish at Rs 39,880 per kg against Rs 39,510 yesterday.

Globally, gold eased under pressure from the dollar but was still near one-week highs as North Korea appeared to have boosted coastal defences amid rising tension with the US.
Spot gold shed 0.4 per cent to USD 1,305.18 per ounce in early trade.
Meanwhile, silver fell 0.8 per cent to USD 17 per ounce.