MUMBAI: Gold and silver continued to sparkle at the bullion market here today, touching historic highs on the back of robust buying by stocks and speculators amid a firm global trend.
Silver conquered another milestone, scaling the Rs 36,000 per kg level in a rally driven by strong industrial and investment demand.
Silver ready (.999 fineness) jumped by Rs 455 to Rs 36,190 per kg from Tuesday's closing level of Rs 35,735.
Meanwhile, standard gold (99.5 purity) hardened by Rs 105 to Rs 19,695 per ten grams, as against Rs 19,590 in the previous session. Similarly, pure gold (99.9 purity) shot up by Rs 110 per 10 grams to Rs 19,795 from Rs 19,685 yesterday.
"The yellow metal is soaring because of the festive season and marriage-driven demand," traders said.
In Europe, gold rose to its highest levels as dollar weakness against major currency rivals continued.
Gold was being quoted at $1,357.80 an ounce in early spot market trade, while silver was attracting a rate of USD 23.51 an ounce.
TOI
Silver conquered another milestone, scaling the Rs 36,000 per kg level in a rally driven by strong industrial and investment demand.
Silver ready (.999 fineness) jumped by Rs 455 to Rs 36,190 per kg from Tuesday's closing level of Rs 35,735.
Meanwhile, standard gold (99.5 purity) hardened by Rs 105 to Rs 19,695 per ten grams, as against Rs 19,590 in the previous session. Similarly, pure gold (99.9 purity) shot up by Rs 110 per 10 grams to Rs 19,795 from Rs 19,685 yesterday.
"The yellow metal is soaring because of the festive season and marriage-driven demand," traders said.
In Europe, gold rose to its highest levels as dollar weakness against major currency rivals continued.
Gold was being quoted at $1,357.80 an ounce in early spot market trade, while silver was attracting a rate of USD 23.51 an ounce.
TOI
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