 "Gold gains Rs 90, silver Rs 230 on bullish global cues")
Mumbai: Gold prices advanced moderately at the domestic bullion market today on good stockists as well as local buying interest on the back of bullish overseas trend.
Silver also firmed-up on sustained speculative demand.
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Standard gold of 99.5 per cent purity gained by Rs 90 to close at Rs 27,850 per 10 grams from Friday’s closing level of Rs 27,760. Pure gold of 99.9 per cent purity also moved up by Rs 85 to finish at Rs 27,975 per 10 grams from Rs 27,890.
Silver ready (.999 fineness) climbed by Rs 230 per kg to end at Rs 58,400 from its previous closing level of Rs 58,170.
In New York, gold extended its gains on positive US employment data amidst successful Greece’s bailout package. Gold for April delivery rose $12.80 to $1,711.50 an ounce on the Comex division of the NYMEX late yesterday. Silver for May contract added by 38 cents to $ 34.21 an ounce.
PTI