Gold prices on Saturday jumped by ₹ 325 to ₹ 30,775 per 10 grams at the bullion market on the back of wedding season demand and strong global cues.
Silver also recaptured the ₹ 41,000-mark by recovering ₹ 600 to ₹41,150 per kg on increased offtake by industrial units and coin makers.
Traders said brisk buying by local jewellers to meet ongoing wedding season demand lifted the gold prices.
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Moreover, a firm trend in global markets amid a weak dollar boosted the sentiment.
Globally, gold rose by 0.04 % to SGD 1,755.62 per ounce in Singapore, while in New York the metal climbed 1.18 % to $ 1,293.40 an ounce and silver by 1.32 % to ₹ 17.28 an ounce.
In the national capital, gold of 99.9 % and 99.5 % purity zoomed by ₹325 each to ₹ 30,775 and ₹ 30,625 per ten grams respectively. The precious metal had lost ₹ 175 in last two days.
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Sovereign, however, remained flat at ₹24,700 per piece of eight grams in limited deals.
Tracking gold, silver ready climbed by ₹ 600 to ₹ 41,150 per kg and weekly-based delivery by ₹560 to ₹ 40,150 per kg.
Silver coins were flat at ₹ 74,000 for buying and₹75,000 for selling of 100 pieces.