MUMBAI, December 6: Silver prices shot up sharply while gold continued to move in its downward path on the bullion market here today. The sharp spurt in silver was mainly attributed to hectic industrial buying for the ensuing marriage-cum-festive season while arrivals remained at a low ebb due to restrictions on movements. The firm trend in new york was a supportive factor to the rising trend.Silver ready .999 fineness peaked up by Rs 100 to Rs 7440 from Rs 7340 previously. Raw silver .916 fineness gained by Rs 95 to Rs 7340 and tenderable silver hardened by Rs 100 to Rs 7445 from their last closing level of Rs 7245 and rs 7345 respectively.Gold, on the other hand, continued its roller coaster ride and ended at a 6-1/2 year low, with buyers reserved expecting prices to fall further in the wake of ample supplies. Weak overseas advices partly aided the weak trend.Standard gold slumped to Rs 3915 from Rs 3925. 22-carat gold was nominally quoted lower at Rs 3620 from Rs 3630. Ten-tola gold bar .999 purity ended steady at Rs 45,800.
