Gold prices on Thursday rose by Rs 135 to Rs 31,400 per 10 gm in Delhi on continued buying by stockists and jewellers to meet the coming marriage season demand amid a firming global trend.
Silver also gained by surging Rs 800 to Rs 59,100 per kg on increased offtake by industrial units and coin makers.
Firming global trend, where gold traded near a two-week high in overseas markets also influenced the sentiment.
ADVERTISEMENT
Gold in Singapore rose by 0.2 per cent to USD 1,690.10 an ounce and silver by 0.2 per cent to USD 31.09 an ounce.
On the domestic front, gold of 99.9 and 99.5 per cent purity added Rs 135 each to Rs 31,400 and Rs 31,200 per 10 gm, respectively. It had gained Rs 340 in last three days.
Sovereign held steady at Rs 25,450 per piece of 8 gram.
ADVERTISEMENT
Similarly, silver ready surged by Rs 800 to Rs 59,100 per kg and weekly-based delivery by Rs 765 to Rs 59,165 per kg.
The white metal had gained Rs 1300 in the previous two sessions.
Silver coins flared up by Rs 1,000 to Rs 81,000 for buying and Rs 82,000 for selling of 100 pieces.