New Delhi: Gold prices surged by Rs135 to Rs20,085 per ten grams in the national capital today on emergence of frantic buying by stockists and jewellers to meet ongoing festival and marriage season demand, reports PTI.
Gold is just Rs35 short of the Rs 20,120 per ten grams record last seen on 15th October.
Besides, silver spurted by Rs575 to its record high of Rs37,000 per kg on hectic buying by industrial units and coin makers for the auspicious festival of 'Diwali.'
Precious metal prices also shot up on buying by investors, who preferred to park their funds in bullion instead of volatile equity markets.
Gold of 99.9% and 99.5% purity rose by Rs135 each to Rs20,085 and Rs19,985 per ten grams respectively.
Sovereign also rose by Rs300 to Rs16,000 per piece of eight gram, a level never seen before.
Silver ready spurted by Rs575 to Rs37,000 per kg and weekly-based delivery by Rs685 to Rs36,390 per kg. Silver coins rose by Rs100 each to Rs36,100 for buying and Rs36,200 for selling of 100 pieces.
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