Gold prices rose sharply in the early trade on the bullion market on persistent stockists demand triggered by sharp rise in the global markets.
Silver, however, declined marginally on lack of buying enquiries from industrial users.
Standard gold (99.5 purity) shot up by Rs 205 per ten grams to resume at 18,355 from the overnight closing level of Rs 18,150.
Pure gold (99.9 purity) also hardened to Rs 18,440 from Rs 18,235 previously.
However, silver ready (.999 fineness) eased to Rs 29,215 from Rs 29,245 yesterday.
Gold and other metals futures bounced back yesterday in New York market, with investors more eager to buy bullion as prices had come off from their record mid-May highs.
Gold futures for June delivery rose $17.90 to settle at $1,194 on the Comex division of the Mercantile Exchange.
Silver for July delivery added 35 cents $18 an ounce.