Gold advanced by Rs 195 to Rs 30,080 per 10 grams at the bullion market here today, extending gains for the second straight day on persistent buying by local jewellers amid a firm trend overseas.
Silver, too, surged Rs 340 per kg backed by increased offtake by industrial units.
Standard gold (99.5 purity) rose by Rs 195 to close at Rs 30,080 per 10 grams from yesterday's closing level of Rs 29,885.
Pure gold (99.9 purity) also moved up by a similar margin to settle at Rs 30,230 per 10 grams as compared to Rs 30,035.
Silver (.999 fineness) surged by Rs 340 to finish at Rs 37,445 per kg against Rs 37,105 yesterday.
Globally, gold edged higher, helped by weakness in the dollar after a trade deal was struck between the United States and Mexico but analysts said ongoing US-China tensions would continue to weigh.
Spot gold rose 0.2 per cent to USD 1,213.11 an ounce at early trade.
Spot silver was up 0.6 per cent at USD 14.94.
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