look news india
The bullion market on Friday witnessed a mixed trend amid selling pressure as demand slowed down at higher levels.
Silver declined due to reduced domestic consumption while gold prices rose marginally. There was no significant movement in gold and silver prices in the global markets as well. Overall, limited price gains were seen in the futures markets.
In Ahmedabad, 24 carat gold was priced at Rs. 100 per 10 grams and 22 carat gold at Rs. 74,300 per 10 grams. Local silver was priced at Rs. 500 less at Rs. 84,000 per kg. Globally, gold rose to $ 2518 per ounce from $ 2516. Similarly, silver rose marginally to $ 28.85 per ounce from $ 28.71 per ounce.
Szhrat October gold futures rose Rs 84 to Rs 71,917 per 10 gram. Szhrat silver December futures rose Rs 66 to Rs 84,956 per kilogram. Gold was up $3.70 at $2,546.80 an ounce and silver was up 4.6 cents at $29.14 an ounce on Comex late Friday night.