July 18, 2011 6:13 PM

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Gold ended unchanged but silver soars to <img src="rs.png" border="0" height="9" >58000

Gold prices ended unchanged, at 23,270 rupees per ten grams at Delhi&apos;s bullion market, on Monday. Silver rose 500 rupees, to 58,000 rupees per kilo. But in the overseas market, gold rose to trade above a record 1,600 dollars an ounce for the first time. Gold rose as investors spooked by the euro zone debt crisis and the threat of a US debt default bought the precious metal as a safe haven asset. Silver added 2.1 per cent, to 40.11 dollars an ounce.

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