NEW DELHI: Extending its rising streak for the second day in a row, gold today gained Rs 10 at Rs 15,140 per 10 gram in the bullion market here
on sustained buying by retailers, while silver declined on reduced offtake.
Marketmen said some demand from retailers against restricted arrival mainly led to a rise in gold prices.
They said silver prices fell on reduced offtake by industrial units at existing higher levels.
Standard gold and ornaments remained in demand and added Rs 10 each at Rs 15,140 and Rs 14,990 per 10 gram, respectively. Sovereign, however, held steady at Rs 12,500 per piece of eight gram.
On the other hand, silver ready lacked necessary follow up support and declined by Rs 100 to Rs 23,200 per kg and weekly-based delivery by Rs 4 to Rs 23,320 per kg.
Bucking the weak trend in silver, its coins gained Rs 100 at Rs 29,700 for buying and Rs 29,800 for selling of 100 pieces on increased offtake by coins makers.
