NEW DELHI: After remaining weak in the last two sessions, gold on Thursday staged a comeback and gained Rs 130 at Rs 15,130 per ten grams on the
back of fresh buying by stockists and ornament makers ahead of the festive season and firming trend overseas.
Silver prices also went up by a whopping Rs 550 to Rs 23,300 per kg.
Bullion traders said pick up in demand from stockists as well as ornaments makers to meet ongoing festive and marriage season mainly influenced gold prices here.
Standard gold and ornaments recovered by Rs 130 each to Rs 15,130 and Rs 14,980 per ten grams respectively, while sovereign ruled flat at Rs 12,500 per piece of eight grams.
Taking cues from gold, silver ready prices shot up by Rs 550 to Rs 23,300 per kg and weekly-based delivery by Rs 654 to Rs 23,324 per kg. Silver coins also gained Rs 200 to Rs 29,600 for buying and Rs 29,700 for selling of 100 pieces.
