Gold price inks more records,silver falls

Standard gold 99.5 purity gained by Rs 35 to close at Rs 31,990 per 10 gm from last Saturday8217;s closing level of Rs 31,955.

Pure gold 99.9 purity also firmed up by a similar margin to finish at Rs 32,130 per 10 gm from Rs 32,095.

However,silver ready .999 fineness slipped by Rs 40 per kg to conclude at Rs 62,890 as against Rs 62,930 last weekend.

In Europe,gold moved down slightly though it remained at six-month high as investors stayed on fence over expectations of Federal Reserve8217;s quantitative easing later this week after softer US jobs market report.

Spot gold was bid down at USD 1,730.30 an ounce in early trade and silver bid lower at USD 33.44 an ounce.