Gold prices surged by Rs 105 per 10 gram at the bullion market here Wednesday in sync with a firm global trend amid persistent buying by local jewellers.
Silver prices, too, recovered marginally by Rs 15 per kg on mild offtake from industrial units.
Standard gold (99.5 per cent purity) rose by Rs 105 to finish at Rs 30,265 per 10 gram from Tuesday's closing level of Rs 30,160.
Pure gold (99.9 per cent purity) also surged by a similar margin to end at Rs 30,415 per 10 gram as against Rs 30,310 earlier.
Silver (.999 fineness) gained by Rs 15 per kg to conclude at Rs 36,415 from Rs 36,400, previously.
Globally, gold edged up, after slipping to a more than one-week low in the previous session, as the dollar eased despite concerns of an escalation in the trade conflict between the United States and China.
Spot gold rose 0.2 per cent to USD 1,193.31 at early trade.
Spot silver was up 0.1 per cent at USD 14.10.
Disclaimer: No Business Standard Journalist was involved in creation of this content
