MUMBAI, June 18 (PTI): Silver prices shot up at the domestic bullion market here on Saturday on renewed speculative and stockist offtake on the back of higher global market. Gold also rose on heavy investment buying amidst jewellary demand. Silver ready (.999 fineness) jumped by Rs 810 per kg to close at Rs 54,520 from Friday's closing of Rs 53,710. Standard gold (99.5 purity) rallied by Rs 150 per 10 grams to end at Rs 22,440 as compared to Rs 22,290 yesterday.
Pure gold (99.9 purity) surged by Rs 160 per 10 grams to finish at Rs 22,550 from Rs 22,390 previously. In New York, the precious metals traded higher on weakening dollar following European leaders' assurance for strengthening euro amidst dip in consumer confidence data.
Gold for August delivery gained USD 9.20 to USD 1,539.10 an ounce on the Comex division of the NYMEX yesterday. Silver for July delivery added 19 cents to end at USD 35.75 an ounce.
Pure gold (99.9 purity) surged by Rs 160 per 10 grams to finish at Rs 22,550 from Rs 22,390 previously. In New York, the precious metals traded higher on weakening dollar following European leaders' assurance for strengthening euro amidst dip in consumer confidence data.
Gold for August delivery gained USD 9.20 to USD 1,539.10 an ounce on the Comex division of the NYMEX yesterday. Silver for July delivery added 19 cents to end at USD 35.75 an ounce.
