NEW DELHI, OCT 6: Gold prices recovered by Rs 50 to Rs 26,650 at the bullion market today, on fresh purchases by jewellers to meet wedding demand, while silver surged by Rs 750 to Rs 36,700 per kg on increased offtake by industrial users and coin makers.
According to bullion traders, apart from fresh buying by jewellers and retailers, a better trend in global market mainly led to recovery in the precious metal prices.
In the national capital, gold of 99.9 and 99.5 per cent purity were up by Rs 50 each to Rs 26,650 and Rs 26,500 per ten grams, respectively. Sovereign, continued to trade steady at Rs 22,400 per piece of eight grams.
Continuing its winning streak, silver ready recorded a hefty rise of Rs 750 to Rs 36,700 and weekly-based delivery by Rs 950 to Rs 36,710 per kg.
Silver coins held steady at Rs 51,000 for buying and Rs 52,000 for selling of 100 pieces.
