New Delhi: Gold rose by Rs 30 to Rs 32,480 per 10 grams in the bullion market here Wednesday on wedding season buying, while silver held steady at Rs 61,500 per kg on scattered demand from industrial units.
Traders said a firm trend in global markets where gold rallied to a six-month high also influenced the sentiment here.
In London, gold rose 0.9 percent to USD 1,746.90 an ounce.
Back home, gold of 99.9 and 99.5 percent purity gained Rs 30 each to Rs 32,480 and Rs 32,280 per 10 grams, respectively. The metal had lost Rs 50 yesterday.
Sovereigns continued to be asked around previous level of Rs 25,500 per piece of eight grams.
Silver ready and weekly-based delivery held steady at Rs 61,500 and Rs 64,045 per kg, respectively.
Silver coins, however, spurted by Rs 1,000 to Rs 78,000 for buying and Rs 79,000 for selling of 100 pieces.
First Published: Wednesday, September 12, 2012, 16:25