Gold jumps by ₹170; silver surges ₹600

Sovereign gold also went up.

Gold prices on Friday rose by ₹170 to ₹32,620 per 10 gram at the bullion market in the national capital amid increased demand and firm trend overseas.

In line with gold prices, silver also spurted ₹600 to ₹39,250 per kg on fresh buying by industrial units and coin makers.

Bullion traders said rise in demand from local jewellers and firm trend overseas helped in the rally of gold.

In the international market, gold traded higher at USD 1,278.10 an ounce, while silver was up at USD 15.26 an ounce in New York.

In the national capital, gold of 99.9% and 99.5% purities rose by ₹170 each to ₹32,620 and ₹32,470 per 10 gram, respectively.

Sovereign gold also went up by ₹100 to ₹25,200 per piece of eight gram.

Silver ready surged ₹600 to ₹39,250 per kg and weekly-based delivery soared ₹1,448 to ₹38,651 per kg.

Silver coins also moved up by ₹1,000 to ₹76,000 for buying and ₹77,000 for selling of 100 pieces.

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