Gold, silver snap four-day decline on seasonal uptick

Mumbai-India (Feb 14)  Gold prices gained marginally, halting a four-day downtrend, at the domestic bullion market here on renewed buying interest from jewellery stockists amid wedding season offtake.

Silver also rebounded sharply and closed above the key Rs 39,000-mark, its highest level in one-week following heavy speculative demand.

Standard gold (99.5 purity) rose by Rs 60 to conclude at Rs 27,135 per 10 grams from Friday's closing level of Rs 27,075.

Source: EconomicTimes