• Silver also shot up by Rs 375 to Rs 37,475 per kg on increased offtake by industrial units and coin makers.
  • At the bullion market here, gold of 99.9 and 99.5 percent purity zoomed by Rs 540 each to Rs 29,290 and Rs 29,140 per ten gram respectively - a level last seen on February 13, when it had touched the multi-month high.
  • Sovereign too rose in sympathy with gold and traded Rs 100 higher at Rs 23,000 per piece of eight gram.
  • Gold prices again crossed Rs 29,000 per 10 gram level largely in tune with firming trends overseas and wedding season buying by jewellers as well as retailers, bullion traders said.
  • Globally, gold climbed 1.85 percent to USD 1,230.70 an ounce and silver by 0.75 percent to USD 15.38 an ounce in New York in yesterday's trade.
  • Following gold, silver ready also spurted by Rs 375 to Rs 37,475 per kg and weekly-based delivery by Rs 415 to Rs 37,510 per kg.
  • On the other hand, silver coins were unaltered at Rs 54,000 for buying and Rs 55,000 for selling of 100 pieces.

Latest News  from Business News Desk