Gold continues to rule firm on persistent buying

Saturday 26th of December 2009 06:00:23 AM


Gold continues to rule firm on persistent buying




Mumbai, Dec 26 (PTI) Gold prices continued to rule firm in the bullion market here today on persistent buying by stockist amid retail demand.Silver also firmed up on sustained industrial demand.

Domestic market witnessed subdued trading activity in the absence of any major cues from the global front as most of the markets were closed for Christmas break.Standard gold (99.5 purity) firmed up by Rs 30 per ten grams to Rs 16,805 from the yesterday''s closing level of Rs 16,775.

Pure gold (99.9 purity) also moved up by a similar margin to close at Rs 16,890 per ten grams from Rs 16,860 previously.Silver ready (.

999 fineness) rose by Rs 95 per kg to finish at Rs 28,105 as against Rs 28,010 yesterday.

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