Gold gained Rs 40 to 31,520 per 10 grams, while silver spurted by Rs 950 to Rs 61,450 (rpt) Rs 61,450 per kg on increased offtake by jewellers and industrial units.Traders said fresh buying at prevailing lower levels to meet the demand for coming wedding season mainly pushed the prices of both gold and silver.
In the national capital, gold of 99.9 and 99.5 per cent purity recovered by Rs 40 each to Rs 31,520 and Rs 31,320 per 10 grams, respectively.Sovereign remained steady at Rs 25,400 per piece of eight grams.
Silver ready spurted by Rs 950 to Rs 61,450 per kg, while weekly-based delivery declined by Rs 400 to Rs 60,800 per kg on lack of speculators support.However, silver coins continued to be asked around previous level of Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces.
- Gold rises Rs 75, silver Rs 225 on wedding season demand
- Gold up by Rs 420, silver by Rs 1,100 on wedding season demand
- Wedding season demand pushes up gold by Rs 230,silver by Rs450
- Gold gains Rs 55 on wedding season demand, silver sheds Rs 500
- Gold, silver up on marriage season demand
- Gold up by Rs 250 on marriage season demand, silver ends flat
- Gold loses Rs 25 on poor demand; silver gains Rs 200
- Gold, silver down on poor demand
- Gold up by Rs 25, silver by Rs 200 on strong demand
- Seasonal demand pushes up gold by Rs 375; silver by Rs 400