Gold edged higher for the third straight day at the bullion market here today on good offtake by investors and jewellers amid positive global cues.
Silver also extended the gain and added Rs 205 to Rs 42,745 per kg following speculative buying from industrial units.
Standard gold (99.5 purity) rose by Rs 95 to finish at Rs 29,420 per 10 grams from yesterday's closing level of Rs 29,325.
Pure gold (99.9 purity) also rose by a similar margin to end at Rs 29,570 per 10 grams as compared to Rs 29,475 earlier.
Silver (.999 fineness) climbed by Rs 205 per kg to finish at Rs 42,745 from Rs 42,540 yesterday.
Globally, gold held near three-month highs, buoyed as political and economic uncertainty in the US and Europe stoked safe-haven demand.
Spot gold was largely flat at USD 1,233.06 per ounce in early trade. On Tuesday, the metal touched its highest since November 11 at USD 1,235.78.
Spot silver was mostly flat at USD 17.68, after marking its highest since November 11 at USD 17.79 in the previous session.
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