Apart from positive global cues, buoyed by a slump in the dollar, sustained buying by local jewellers at the domestic spot market kept gold prices elevated, bullion traders said.
Globally, gold rose 1.17 per cent to $1,337.40 an ounce and silver spurted 1.44 pr cent to $17.21 an ounce in New York in Friday’s trade.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity advanced by Rs. 100 each to Rs. 30,750 and Rs. 30,600 per 10 grams, respectively — levels last seen on November 18. The precious metal had gained Rs. 175 in last two days.
In similar fashion, silver ready strengthened by Rs. 100 to Rs. 39,900 per kg and weekly-based delivery rose Rs. 40 to Rs. 39,120 per kg.
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