NEW DELHI, OCT 12: Driven by a firming global trend and increased demand from ahead of wedding season, gold prices surged Rs 170 to trade at Rs 26,870 per 10 grams at the bullion market here today.
Silver too gained Rs 275 to Rs 37,000 per kg following higher offtake by industrial units and coin makers.
In the national capital, gold of 99.9 per cent purity and 99.5 per cent purity surged Rs 170 each to Rs 26,870 and Rs 26,720 per 10 grams, respectively.
The sovereign also traded Rs 200 higher at Rs 22,400 per piece of eight grams.
Silver ready rose further by Rs 275 to Rs 37,000 per kg and weekly-based delivery by Rs 330 to Rs 37,160 per kg.
Price of silver coins for 100 pieces went up by Rs 1,000 at Rs 52,000 for buying and Rs 53,000 for selling.