silver gain Rs 250, Gold costs jump Rs 230

New Delhi, Dec 21 Rising for the second day, gold costs Friday jumped Rs 230 to close at Rs 32,230 for every 10 gm at the bullion showcase in the national capital, on the back of expanded interest from local jewellers amid positive global trend.

Silver also rose Rs 250 to close at Rs 38,000 for every kg on fresh purchasing by coin makers and industrial units.

Marketmen attributed the rally to higher take-up by nearby diamond setters in the midst of positive pattern abroad, which further bolstered the residential market.

All inclusive, gold traded higher at USD 1,259.12 per ounce and silver was also up at USD 14.72 per ounce in New York.

In the national capital, gold of 99.9 percent and 99.5 percent purities rose Rs 230 each to Rs 32,230 and Rs 32,080 for each 10 gm, respectively.

Sovereign gold held steady at Rs 25,000 for every bit of 8 gram on restricted activity.

Silver ready, as well, jumped by Rs 250 to Rs 38,000 for each kg, while week after week based conveyance was up by Rs 236 to Rs 37,494 for every gm.

In any case, silver coins were unchanged at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.