Silver .999 hardened by Rs 170 to Rs 7,620 per kg. In the ready section silver .916 climbed by Rs 165 to Rs 7,490 per kg. Besides industrial demand traders reported festival buying for silver. Restricted overseas inflow and firm global advices attributed to the rise. Delhi was firm. In the global market silver climbed from $4.90 to $5.06 per ounce.

Standard gold moved up by Rs 20 to Rs 4,250 per 10 gm. Gold .22 carat recovered by Rs 15 to Rs 3,930 per 10 gm. and prices gold gold biscuit (116.50 gm.) shot up by Rs 400 to Rs 50,200 per piece. Festival buying and eased supplies influenced the yellow metal to bounce back while higher overseas advices arrested fresh offerings by stockists and local bankers. In the global market gold went up from $288.60 to $291.50 per ounce.

G'nut oil slides

Groundnut oil turned subduedat the higher level on the oil,oilseeds market here today. Castorseed and its oil dropped further amidst sluggish export demand coupled with approaching new crop supplies.

Groundnut oil edged down by a rupee to Rs 594 per 10 kg amidst thin demand but tight supplies kept offerings limited. In Rajkot on the other hand prices looked up by Rs 20 to Rs 875 per 15 kg, it was learnt.

Imported palm oil reacted by Rs 3 to Rs 390 per 10 kg exclusive of tax as continued arrivals at Mumbai port and weak overseas prices triggered profit-taking among local importers. In the global market palm oil slid to $720/725 per tonne. Long deliveries were quoted lower at $685/665 per tonne.

Castor oil declined by Rs 3 to Rs 442/454 per 10 kg amidst sluggish overseas demand. Castorseed ready dropped by Rs 14 to Rs 2020/2026 per quintal in sympathy.

In the futures section castorseed December delivery declined from Rs 1,734 to Rs 1,726 per quintal as weak Ahmedabad advices prompted fresh bull liquidation, floor sources said.Maturing September delivery remained absent from trading.

In Ahmedabad December delivery slid from Rs 1,740 to Rs 1,730, finally settled down at Rs 1,739 per quintal. In Gujarat on the other hand castorseed ready delivery looked up by Rs 10/15 to Rs 395 per 20 kg on eased inflow. Castor oil rose by Rs 5 to Rs 425/430 per 10 kg. and traders reported thin supplies - hardly 1000 bags of castorseed in the Gujarat region.

Sugar reacts

Sugar price reacted after previous day's sharp rise.

Following lack of adequate buying support at higher level, coupled with profit-taking caused a dent of Rs 10 a quintal in the sugar price.

M-30 were down to Rs 1450-1520 and S-30 to Rs 1435-1460 ex-godown. Ex-octroi checkspost, M-30 were on offer at Rs 1440-1450 and S-30 at Rs 1420-1430.

In tenders, M-30 were indicated at Rs 1400-1405 and S-30 at Rs 1380-1390 in Kolhapur line.

Pulses subdued

Generally, a dull-to-subdued trend prevailed in pulses on the grains market.

Following restricted buyingsupport, prices of several items of pulses softened up further. Tur price lost Rs 25 a quintal. Myanmar tur 1998 were on offer at Rs 2070-2075 and 1997 at Rs 2000. New Kenyan tur fell to Rs 2250. Green peas USA shed Rs 25 at Rs 1625 while Canadian were down by Rs 15 to 20 at Rs 1030-1040. White peas Canadian ready at Rs 915-925 and shipments at Rs 850-875 were also subdued.

Urad price were edged up by Rs 25 at Rs 1275 on buying support. Moong Myanmar were placed at Rs 1600-1625. Deshi moong average at Rs 1300-1450, medium at Rs 1600-1700 and superior at Rs 1800-1900 were steady. Australian gram were placed at Rs 1375. Kabuli gram A-2 at Rs 3200-3500, B-2 at Rs 2700-2750, C-2 at Rs 2200-2300 were maintained.

Wheat and rice ruled steady. Wheat milling were traded at Rs 700-711. Rice Gujarat-17 were on offer at Rs 1600-1700.

Yarn quiet

A quietly steady trend prevailed on the yarn market.

Viscose filament yarn bright cones first quality Century Rayon 150dn ruled at Rs 224, 120dn at Rs 247, 100dnat Rs 260 and 75dn at Rs 269 a kg.

Nylons, Shreelon 15/1/0dn were on offer at Rs 240 and 20/1/0dn at Rs 225. Gujnil 20/1/0dn ruled at Rs 225, 30/1/0dn at Rs 290 and 111/24/0dn at Rs 157.Cotton steady

Generally, steady condition was in evidence on the cotton market.

Short and medium staple items of Gujarat firmed up by Rs 100 a candy on better buying support. V-797 were placed at Rs 15,400-15,800, Morbi wagad at Rs 15,000-15,100 and kala ginned at Rs 14,500-14,600 spot. Sanker as also Punjab cottons were unchanged.

In Punjab zone, ready Bengal deshi were quoted at Rs 1500-1550, J-34 saw-ginned good average at Rs 1725-1800 and cart selected at Rs 1800-1980 a maund. In forward, Bengal deshi October and November were quoted at Rs 1335-1390 and at Rs 1315-1325 respectively. J-34 saw-ginned good average October were placed at Rs 1715-1800 and November at Rs 1710-1725. Cart selected November were mentioned at Rs 1800-1860.