Silver too continued its upward journey and rose by Rs 150 to Rs 35,150 per kg on increased offtake by industrial units and coin makers.
Bullion traders said a firming global trend where gold extended its best monthly gain since January after a factory gauge in China shrank to a three-year low, deepening concern about the slowdown in the world’s second-biggest economy and boosting demand for the metal as a safe-haven.
Globally, gold climbed 0.7 percent to USD 1,142.79 an ounce and silver added 0.3 percent to USD 14.67 an ounce in Singapore.
Besides, pick up in buying by jewellers to meet rising seasonal demand supported the upside in the precious metals, they said.
Following gold, silver ready gained another Rs 150 to Rs 35,150 per kg and weekly-based delivery by Rs 220 to Rs 34,545 per kg.


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