New Delhi, Nov 20: Gold continued its upward price trend for the second straight day by rising Rs 120 to Rs 25,900 per 10 grams in the bullion market on Friday amid positive global cues and increased buying by jewellers.
Silver followed suit and gained another Rs 100 to Rs 34,300 per kg on increased offtake by industrial units and coin-makers.
Globally, gold climbed 0.4 per cent to USD 1,086.64 an ounce in Singapore while it ended 1.10 per cent higher at USD 1,081.80 in New York on Thursday.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity advanced Rs 120 each to Rs 25,900 and Rs 25,750 per 10 grams, respectively. It had gained Rs 155 on Thursday.
The sovereign also moved up by Rs 100 to Rs 22,300 per piece of eight grams.
Tracking gold, silver ready rose further by Rs 100 to Rs 34,300 per kg and weekly-based delivery by Rs 125 to Rs 33,885 per kg.
However, silver coins remained steady at Rs 48,000 for buying and Rs 49,000 for selling of 100 pieces.
