The two precious metals, gold and silver, mounted on the bullion market on Wednesday on buying by stockists and Quick dealers for the holiday season and marriage patterns among the global society.
Although the money spent on R 475 to 45 475 rupees per kg, won gold R 55 and R 20 695 per 10 grams of the growing demand.
Sentiment turned bullish on gold prices rose in overseas markets in sovereign debt crises growing demand for precious metals as a safe haven. Gold rose 0.3 percent to $ 1,386.15 an ounce and silver by 0.8 percent, to $ 29.75 an ounce.
Moreover, the growing demand for the upcoming holiday season and marriage as Makarsakranti and Lohri, also supported the upward trend, traders said.
On the domestic front, Silver ready rose by Rs. 475 RS. 45 475 kg are consumed by an increase in industrial units and manufacturers of coin. weekly based delivery of silver has increased by Rs. 570 RS. 45 120 kg of speculators to buy support.
Silver coins were also found in the application and dissolved in the RS. 400 RS. Purchase of 50 900 and Rs. 51,000 and the sale of 100 copies.
In accordance with the general trend of firming gold 99.9 and 99.5 per cent purity increased to Rs. Rs 55 each. 20 695 and Rs. Fri, 1910 20 575 grams. Sovereign remained stable at Rs. 16 950 units to eight grams.
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