Besides, increased buying by jewellers to meet wedding season demand helped the precious metal to recapture the crucial level.

Silver also advanced by Rs 150 at Rs 36,900 per kg on increased offtake by industrial units and coin makers.

Bullion traders said besides a firming trend overseas, increased buying by jewellers mainly led to the rise in gold prices.

Gold in New York, which normally sets price trend on the domestic front, shot up by 1.16 percent to USD 1,207.30 an ounce and silver by 2.07 per cent to USD 16.49 an ounce in Friday's trade.

In the national capital, gold of 99.9 and 99.5 percent purity rose by Rs 280 each to Rs 27,080 and Rs 26,930 per 10 grams, respectively. It had gained Rs 50 on Friday.

However, Sovereign remained flat at Rs 23,700 per piece of eight grams in scattered deals.

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