New Delhi: Gold prices gained Rs 80 to Rs 33,250 per 10 gram at the bullion market on Monday due to fresh buying by local jewellers, even as the metal lost steam overseas, according to the All India Sarafa Association.
Silver, however, fell by Rs 370 to Rs 39,530 per kg due to low offtake from industrial units and coin makers. Traders attributed the rise in gold prices to pick-up in demand from local jewellers in the domestic market, but said a weak trend overseas capped the gains.
In the national capital, gold of 99.9 per cent and 99.5 per cent purities recovered by Rs 80 each to Rs 33,250 and Rs 33,080 per 10 gram, respectively. It had lost Rs 100 on Saturday.
Sovereign, however, remained flat at Rs 26,400 per piece of 8 gram. Silver ready fell by Rs 370 to Rs 39,530 per kg. (PTI)
