Silver also jumped Rs 950 to Rs 44,750 per kg on increased off take by jewelers and industrial units.

Bullion traders said sentiment remained firm as stockists and jewelers increasing their positions to meet the coming marriage season demand. They said a firming global trend further influenced the market sentiment.
Gold in Singapore, which normally sets price trend on the domestic front, rose by 1.5 percent to USD 1,224.11 an ounce and silver traded at USD 20 an ounce from USD 19.47.

On the domestic front, gold of 99.9 and 99.5 percent purity jumped by Rs 175 each to Rs 30,200 and Rs 30,000 per ten grams, respectively. It had climbed by Rs 225 on Wednesday. Sovereign remained flat at Rs 25,100 per piece of eight gram.
In a similar fashion, silver ready surged by Rs 950 to Rs 44,750 per kg and weekly-based delivery by Rs 1,220 to Rs 45,180 per kg. It had gained Rs 45 in last trading session.
Silver coins also spurred by Rs 1,000 to Rs 85,000 for buying and Rs 86,000 for selling of 100 pieces.


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