Gold prices recovered by Rs 25 to Rs 18,325 per ten grams in the national capital today after two consecutive days of losses on scattered buying by stockists and jewellers for the marriage season.
Silver also gained Rs 50 to Rs 28,750 per kg on increased industrial offtake.
Marketmen said scattered buying by stockists and jewellers for the marriage season was primarily responsible for the partial recovery in gold and silver prices.
Standard gold and ornaments recovered by Rs 25 each to Rs 18,325 and Rs 18,175 per ten grams respectively. They had lost Rs 150 in the previous two trading sessions.
However, sovereigns remained at around the previous level of Rs 14,450 per piece of eight grams.
Silver ready recovered by Rs 50 to Rs 28,750 per kg, but weekly-based delivery lacked the necessary buying support and lost Rs 70 to Rs 28,415 per kg.
Meanwhile, silver coins continued to be traded at around the previous level of Rs 34,300 for buying and Rs 34,400 for selling of 100 pieces.
