Upward march in precious metals continue

An upward march in the precious metals continued for the fourth consecutive day on the bullion market here on Thursday on persistent stockists buying in view of current marriage season amid higher global cues.
    
Silver prices also shot up further on sustained demand from industrial users.
    
Gold prices climbed for the third straight day in New York yesterday following boosting demand for precious metals as slowing US jobs losses raised prospects for an economic recovery.
    
Gold futures for June delivery rose by USD 6.70 an ounce to USD 911 an ounce on the Comex Division of the New York
Mercantile Exchange. Silver for July delivery also shot up by 29 cents to USD 13.71 an ounce.
    
In the domestic market, standard gold (99.5 purity) rose by Rs 110 per ten grams to Rs 14,620 from Wednesday's closing
level of Rs 14,510.
    
Pure gold (99.9 purity) also firmed up by Rs 115 per ten grams to Rs 14,685 as against Rs 14,570 previously.
    
Silver ready (.999 fineness) shot up by Rs 540 per kilo to Rs 22,785 from Rs 22,245 on Wednesday.