Chennai, May 19: Precious metals like bar silver, standard gold and ornamental gold today began trading at a higher note in the market here. The trading began with bar silver being quoted Rs 55 higher at Rs 8050 against Saturday's close of Rs 7995.

Standard gold and 22ct gold were similarly being quoted at Rs 5640 and Rs 5220, higher than Saturday's close of Rs 65 and Rs 60 respectively. Today's opening rates are :

Bar silver Rs 8050

St. Gold Rs 5640

22ct gold Rs 5220. Market sources attributed the higher quotation for the precious metals to weakness of dollar.

Bureau Report