Gold, silver extend gains on global cues, sustained buying

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PTI, New Delhi :
Rising for the second straight day, gold inched up by Rs 5 to Rs 25,175 per ten grams at the bullion market on Saturday in tandem with a firming global trend amid sustained buying by jewellers.
Silver followed suit and gained Rs 170 to Rs 34,300 per kg on increased offtake by industrial units and coin makers.
Bullion traders said besides a firming global trend, increased buying by jewellers mainly kept gold and silver prices higher.
Globally, gold rose 0.3 per cent to USD 1,093.80 an ounce in New York in Friday’s trade.
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