Silver extends gains on increased offtake; gold ends steady

New Delhi, March 20 (PTI): Silver prices went up by INR 40 to INR 39,000 per kg in the national capital on Wednesday on the back of increased offtake by industrial units and coin makers, according to the All India Sarafa Association.
Gold prices, on the other hand, held steady at INR 32,970 per 10 gram in scattered deals at prevailing levels, even as it weakened overseas.

The bullion market will remain closed on Thursday on account of Holi.
Globally, gold fell 0.20 per cent to USD 1,304.27 an ounce, and silver by 0.29 per cent to USD 15.40 an ounce in New York.

In the national capital, silver ready rose by INR 40 to INR 39,000 per kg, while weekly-based delivery jump by INR 95 to INR 38,126 per kg. Silver coins, however, continued to be traded at the previous levels of INR 79,000 for buying and INR 80,000 for selling of 100 pieces.

On the other hand, gold of 99.9 per cent and 99.5 per cent purities ruled flat at INR 32,970 and INR 32,800 per 10 gram, respectively. It had gained INR 140 on Tuesday.

Besides, Sovereign gold remained flat at INR 26,400 per piece of 8 gram.