Globally, gold strengthened to $1,267.70 an ounce and silver by 1.03 per cent to $16.61 an ounce in Singapore. Increased buying by local jewellers to meet retailers' demand at domestic spot markets also supported the upmove in gold, they said.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity climbed by Rs 200 each to Rs 29,550 and Rs 29,400 per ten grams, respectively. Sovereign, however, remained flat at Rs 24,500 per piece of eight grams.
Tracking gold, silver ready spurted by Rs 1,130 to Rs 39,500 per kg and weekly-based delivery by Rs 585 to Rs 37,795 per kg.
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