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| Edited By: |Source: PTI |Updated: Mar 17, 2018, 06:53 AM IST
Silver climbed to record high by adding Rs300 to Rs50,550 per kg on the bullion market today on brisk buying by stockists and industrial units, amid firm global trends. Gold inched up by Rs10 to Rs21,180 per 10 grams on local buying for the ongoing marriage season.
Trading sentiments turned bullish after gold advanced in global markets as tensions in West Asia and costlier oil increased demand for precious metals as an alternate investment.
In global markets, gold climbed 0.3% to $1,415.15 an ounce and silver by 0.3% to $33.49 an ounce.
On the domestic front, silver ready spurted Rs300 to hit an all-time high level of Rs50,550 per kg and silver weekly-based delivery by Rs775 to Rs50,445 per kg. However, silver coins held steady at Rs54,500 for buying and Rs54,600 for selling of 100 pieces.
Gold of 99.9 and 99.5% purity traded marginally higher by Rs10 each to Rs21,180 and Rs21,060 per 10 grams respectively, while sovereign remained stable at Rs17,200 per piece of eight grams.
