Mumbai, July 01: Gold prices advanced at the bullion market here today on renewed buying retailers and jewellers supported by firming trend in global markets.
On the other hand, silver eased due to weak industrial offtake.
Standard gold (99.5 purity) gained further by Rs 25 per ten grams to end at Rs 18,855 from yesterday’s closing level of Rs 18,830.
Pure gold (99.9 purity) also firmed up by Rs 30 per ten grams to settle at Rs 18,945 as against Rs 18,915 previously.
However, silver ready (.999 fineness) fell by Rs 25 per kilo to conclude at Rs 30,070 as against Rs 30,095.
In New York, Gold for August delivery added USD 3.50 to USD 1,245.90 an ounce on the comex division of NYMEX.
Silver for September contract also rose by 39 cents to USD 18.70 an ounce.
–Agencies