NEW DELHI: Silver rose by Rs 450 at Rs 26,550 per kg, while gold moved up by Rs 100 to Rs 15,900 per 10 gram in the bullion market here today on emergence of buying by stockists and jewellery fabricators amid firming global trend. Marketmen said buying activity gathered momentum for the current marriage and festival season. Besides, gold in overseas markets, which normally set price on the domestic front, traded near a record as dollar fell against major currencies. In London, gold rose by 4.35 dollar to 1,021.65 dollar an ounce, the highest level since September 17, and silver gained 1.3 per cent to 16.8425 dollar an ounce. Back home, silver also attracted heavy buying from coin makers and industrial units and recorded a handsome gain of Rs 450 at Rs 26,550 per kg. In the domestic markets, standard gold and ornaments shot up by Rs 100 each to Rs 15,900 and Rs 15,750 per 10 gram respectively, while sovereign remained steady at Rs 12,900 per piece of eight gram in restricted buying. Silver ready spurted by Rs 450 to Rs 26,550 per kg and weekly-based delivery by Rs 515 to Rs 26,550 per kg. Silver coins also gained Rs 100 at Rs 31,800 for buying and Rs 31,900 for selling of 100 pieces.

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