Silver also rebounded by Rs 600 to Rs 34,800 per kg on increased offtake by industrial users and coin makers.
Traders said emergence of buying by jewellers and retailers, triggered by festive season and a better trend in global market, mainly led to recovery in prices of both the precious metals.
Globally, gold rose 0.7 percent to USD 1,132.55 an ounce and silver climbed 0.5 percent to USD 14.56 an ounce in Singapore.
Tracking gold, silver ready recorded a handsome gain of Rs 600 to Rs 34,800 and weekly-based delivery by Rs 780 to Rs 34,295 per kg.
On the other hand, silver coins held steady at Rs 50,000 for buying and Rs 51,000 for selling of 100 pieces.


Latest News  from Business News Desk