Mumbai, Aug 3 (UNI) A mixed trend was seen in the precious metals today with Silver gaining by Rs 25 per kg on strong global advice, even as Gold came down by Rs 20 per ten gms on lack of fresh ornament makers demand in view of bearish advice from global and upcountry markets, traders at the Bombay Bullion Association said.

Silver (fineness) variety resumed higher at Rs 17,885 per kg on good buying support by local dealers. Later, it moved further up and closed in the green belt at Rs 17,890 per kg. with a small gain of Rs 25 from its last close on sustained heavy buying support by local dealers. Buyers reserved their stocks in view of firm advice from global and upcountry markets.

In London, silver was firm at USD 13.08/13.10 per troy ounce as compared to its last close of USD 13.02/13.04.

However, spot standard gold (99.5) and pure gold (99.9) opened negative at Rs 8,735 and Rs 8,785 per ten gm respectively on thin demand from local dealers.

Later, standard gold and pure gold closed softer at Rs 8,735 and Rs 8,780 per ten gm respectively.

There was lack of fresh ornament makers demand due to discouraging advice from London, New York and other Indian markets.

In the London market, gold was down at US dollar 664/666.50 per troy ounce against USD 672/674 per troy ounce, which reflected its downward trend in domestic prices, traders pointed out.

Business volume was restricted due to very poor turnout of traders because of heavy rainfall in entire city and suburbs since last night, traders added.

Following are the spot silver and gold closing prices: Silver (per kg) .999 grade : Rs 17,890 (17,865) Gold (per 10 gm): Standard mint 99.5 purity : Rs 8,735 (8,750) Pure gold 99.9 purity : Rs 8,780 (8,800) UNI