Silver prices surged by Rs 500 to Rs 45,300 per kg today, while gold rose by Rs 90 to Rs 20,820 per 10 grams on fresh buying by stockists and jewellery makers, amid firm trends in Asian regions.
Silver ready surged by Rs 500 to Rs 45,300 per kg and weekly-based delivery by Rs 300 to Rs 44,630 per kg on increased offtake by industrial units and coin manufacturers.
Gold gained 0.5 per cent in Singapore to $1,382.38 an ounce and silver by 0.2 per cent to $29.22 an ounce.
On the domestic front, gold of 99.9 and 99.5 per cent purity shot up by Rs 90 each to Rs 20,820 and Rs 20,700 per 10 grams, respectively.
Sovereign followed suit and traded higher by Rs 50 to Rs 16,800 per piece of eight grams. Silver coins also spurted by Rs 500 to Rs 49,500 for buying and Rs 49,600 for selling of 100 pieces on account of the ongoing marriage season demand.
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