Gold continued to trade lacklustre for
the second straight session and ended almost flat at the
bullion market here due to weak demand from stockists as well
as subdued local buying interest.
Silver, on the other hand, maintained its momentum owing
to sustained demand from jewellery and coin makers amid good
Local players mostly stayed on the sidelines amid a lack
of fresh trading cues from overseas due to closure of US
markets, a bullion trader said.
Standard gold (99.5 purity) edged down by Rs 5 to finish
at Rs 27,945 per 10 grams from Friday's closing level of Rs
Pure gold (99.9 purity) also softened by a similar margin
to settle at Rs 28,090 per 10 grams against Rs 28,100.
Silver (.999 fineness), however, rose by Rs 85 to conclude
at Rs 45,445 per kg as compared with Rs 45,360 yesterday.