Gold marginally up; silver slides

New Delhi Dec 29 Gold costs Saturday strengthened by Rs 20 to Rs 32,640 for each 10 gram at the bullion market in the national capital in the midst of firm trend overseas.

Silver, be that as it may, lost Rs 25 to Rs 39,225 for every kg on low interest from modern units and coin makers.

In Delhi, gold of 99.9 percent and 99.5 percent virtue ascended by Rs 20 each to Rs 32,640 and Rs 32,490 for every 10 gram, respectively.

Traders attributed the marginal gains in prices of the yellow metal to overseas firm trend.

Sovereign gold held relentless at Rs 25,200 for each bit of eight gram.

All around, gold edged higher to USD 1280.68 an ounce and silver stood at USD 15.34 an ounce in New York.

Silver ready fell by Rs 25 to Rs 39,225 for every kg, and weekly based delivery surged by Rs 55 to Rs 38,706 for each kg.

Silver coins, however, held steady at Rs 76,000 for buying and Rs 77,000 for selling of 100 pieces.