Gold prices shot up by Rs 340 to Rs 13,200 per 10 gm on reports that the metal on global front surged after the dollar weakened against the euro and with crude oil setting a new record of around $135 a barrel, marketmen said.
The gold in domestic market normally move in tandem with the global bullion markets and closely-related with the forex.
Standard gold and ornaments spurted by Rs 340 each at Rs 13,200 and Rs 13,050 per 10 gm, respectively. Sovereign rose by Rs 50 at Rs 10,100 per piece of 8 gm.
Silver followed suit and recorded a handsome gain of Rs 220 at Rs 24,900 per kg, while silver weekly-based delivery was distinctly higher by Rs 960 at Rs 25,350 per kg on speculators enlarging their position expecting more rise in the coming days.
Silver ready jumped up by Rs 220 at Rs 24,900 per kg while weekly-based delivery moved up by Rs 960 at Rs 25,350 per kg.
Silver coins gained Rs 200 at Rs 27,200 for buying and Rs 27,300 for selling of 100 pieces. PTI
