Gold,silver spurt on global cues

In overseas trade,gold continued to climb on concerns over global economic growth impacted by Japanese calamity,and also ongoing air strike on Libya,luring investors back to the precious metals.

In the domestic market,Silver ready .999 fineness zoomed by a massive Rs 910 per kg to end at Rs 54,770 from last Saturday8217;s closing level of Rs 53,860.

Standard gold 99.5 purity rose by Rs 165 per 10 grams to finish at Rs 20,955 from Rs 20,790 last weekend.

Pure gold 99.9 purity also concluded by a similar margin to Rs 21,055 per 10 grams as compared to Rs 20,890 previously.

In Europe,spot gold was bid at USD 1,430.90 an ounce in early trade.

Spot silver climbed to USD 36.04 an ounce.