Gold prices advanced moderately at the domestic bullion market on Saturday with stockists and local buyers showing interest.
Silver also firmed-up on sustained speculative demand.
Standard gold of 99.5 per cent purity gained by Rs 90 to close at Rs 27,850 per 10 grams from Friday’s closing level of Rs 27,760.
ADVERTISEMENT
Pure gold of 99.9 per cent purity also moved up by Rs 85 to finish at Rs 27,975 per 10 grams from Rs 27,890.
Silver ready (.999 fineness) climbed by Rs 230 per kg to end at Rs 58,400 from its previous closing level of Rs 58,170.
In New York, gold extended its gains on positive U.S. employment data amid successful Greece’s bailout package.
ADVERTISEMENT
Gold for April delivery rose USD 12.80 to USD 1,711.50 an ounce on the Comex division of the NYMEX late Friday.
Silver for May contract added by 38 cents to USD 34.21 an ounce.