Both the precious metals recovered on the bullion market here today on fresh stockists buying due to firm global advices with silver once again on its record breaking spree.
Silver prices rebounded on good industrial demand amids buying by jewellers which took the prices to historic highs.
Gold also recovered marginally on renewed buying support from retail investors for the festive season.
On the comex division of the New York Mercantile Exchange yesterday, silver for December delivery rose to 30-year high to settle at $22.06 an ounce from Thursday's level of $21.82 an ounce.
Gold also settled to a record highs of $1,317.80 an ounce from $1,309.60 previously.
Sustained weakness in US dollar mainly diverted investors attention to invest in these metals as an safe investment.
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Silver ready (.999 fineness) closed at its all-time peak of Rs 33,990 from overnight close of Rs 33,840, a net rise of Rs 150 per kilo.
Standard gold (99.5 purity) also rose by Rs 30 per ten grams to end at Rs 19,125 from Rs 19,095 previously.
Pure gold (99.9 purity) too recouped by Rs 35 per ten grams to settle the day at Rs 19,220 from yesterday's close of Rs 19,185.