Mumbai: Gold gained further momentum in lacklustre trade at the domestic bullion market here on stray demand from jewellery stockists and investors following better overseas cues.
On the other hand, silver moved down owing to sluggish industrial offtake.
Standard gold (99.5 purity) edged up by Rs 15 to finish at Rs 26,385 per 10 grams from Friday's closing level of Rs 26,370.
Pure gold (99.9 purity) also went up by a similar margin to settle at Rs 26,535 per 10 grams against Rs 26,520.
However, silver (.999 fineness) fell by Rs 30 to end at Rs 36,685 per kg compared to Rs 36,715 yesterday.
In worldwide trade, the shiny-metal settled a tad higher after plunging three-week low, halting its lengthy six-session losing streak on renewed optimism for a Greek bailout deal and also value buying.
Gold for August delivery settled at USD 1,173.20 an ounce on the Comex division of the NYMEX late yesterday, while silver September contract ended lower at USD 15.768 an ounce.
