Mumbai, June 20: Pure gold edged up on the bullion market here today due to mild buying interest on the back firm trend in global markets.
Meanwhile, standard gold and silver ruled steady in the absence of market-moving factors.
Gold rose in New York as the dollar weakened, boosting demand for precious metals as an alternative investments.
Gold futures for August delivery gained by USD 1.60 to USD 936.20 an ounce on the New York Mercantile Exchange’s Comex Division.
In the domestic market, Pure gold (99.9 purity) edged up to Rs 14,620 from yesterday’s closing level of Rs 14,615.
However, standard gold (99.5 purity) and silver ready (.999 fineness) both closed unaltered at Rs 14,545 and Rs 22,800 per kilo respectively.
—-Agencies