Silver recovers on fresh buying, gold rules steady

New Delhi, October 10: Silver prices recovered by Rs 70 to Rs 27,320 per kg in the bullion market here today on fresh buying by jewellery and coins makers to meet the ongoing festival and marriage season demand.

However, gold remained steady at Rs 16,050 per 10 gram in restricted buying activity at existing higher levels.

Marketmen said fresh buying by jewellery fabricators and coins makers to meet the ongoing festival and marriage season demand mainly pushed up silver prices.

Silver ready rose by Rs 70 to Rs 27,320 per kg and weekly-based delivery by Rs 125 to Rs 27,325 per kg.

However, silver coins maintained previous level of Rs 32,000 for buying and Rs 32,100 for selling of 100 pieces.

On the other hand, standard gold and ornaments held steady at Rs 16,050 and Rs 15,900 per 10 gram each, respectively.
–PTI