While gold spurted by Rs 175 to Rs 29,975 per ten grams, silver surged Rs 950 to Rs 53,150 per kg on increased offtake by jewellers and industrial units.
The market received a boost on stockists buying for ensuing Navratras. Sentiments improved further after gold rose to near one-week high in global markets as optimism that stimulus around the world will be sustained overshadowed a decline in holdings in the biggest exchange-traded fund backed by bullion.
On the domestic front, gold of 99.9 and 99.5 per cent purity surged by Rs 175 each to Rs 29,975 and Rs 29,775 per ten grams, respectively.
The yellow metal had lost Rs 230 in last two trading sessions. Sovereign continued to be asked around previous level of Rs 25,100 per piece of eight gram.
In line with a general firm trend, silver spurted by Rs 950 to Rs 53,150 per kg and weekly-based delivery by Rs 915 to Rs 52,260 per kg.