Mumbai: Gold prices recovered marginally
to close at Rs 29,460 per 10 grams at the bullion market here
today due to mild demand from stockists and retailers amid
bullish global cues.
Elsewhere, silver almost ended flat owing to lower demand
from consuming industries.
Standard gold (99.5 purity) edged up by Rs 15 per 10
grams to settle at Rs 29,460 as against Thursday's closing
level of Rs 29,445.
Pure gold (99.9 purity) also moved up by a similar
margin to end at Rs 29,610 per 10 grams against Rs 29,595
earlier.
Silver (.999 fineness) fell by Rs 5 per kg to finish at
Rs 39,590 compared to Rs 39,595 previously.
Globally, gold rose on the back of a softer dollar after
a report about a US probe requesting more documents linked to
possible Russian interference in the 2016 election.
Spot gold was up 0.4 per cent at USD 1,283.36 per ounce
at early trade.
Among other precious metals, silver added 0.1 per cent to
USD 17.09 an ounce.
