Gold and silver rallied further in the local bullion market on Saturday on sustained speculative and investment buying sparked by rising global markets.

Standard gold (99.5 purity) jumped by Rs 860 for 10 gm and finished at Rs 27,665.Pure gold (99.9 purity) shot up by a similar margin of Rs 860 for 10 gm and closed at Rs 27,790.

Silver ready (.999 fineness) climbed by Rs 955 a kg and concluded at Rs 64,440.

Chennai: Bar silver: Rs 64,220; retail silver: Rs 68.70; standard gold: Rs 27,845; retail ornament gold (22 carat a gm): Rs 2,604.

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