Gold, Silver Soar; Scale New Peaks on Global Cues

Mumbai, Apr 16 (PTI) Gold and silver set new record highs at the bullion markets here today on aggressive buying by investors and speculators, triggered by zooming global markets.

The white metal marched ahead vigorously on bullish industrial demand as well as investors buying, touching another milestone of Rs 64,845 a kg.

Gold attracted renewed marriage seasonal demand amid heavy off-take by stockists. The yellow metal went up to capture new peak at Rs 21,450.

Silver ready (.999 fineness) jumped by a hefty Rs 915 per kg to finish at Rs 64,845 from Friday's closing level of Rs 63,930.

Standard gold (99.5 purity) firmed up by Rs 95 per 10 grams to close at Rs 21,450 from Rs 21,355 yesterday.

Pure gold (99.9 purity) rose by Rs 100 per 10 grams to end at Rs 21,560 as compared to Rs 21,460 previously.


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Title: Gold, Silver Soar; Scale New Peaks on Global Cues

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