Mumbai: Snapping its three-day falling trend, gold prices regained smartly at the bullion market here on Saturday on fresh buying from jewellery stockists and traders amid ensuing seasonal demand. Silver also recovered and closed above 38,100-level following heavy speculative offtake.

Standard gold (99.5 purity) jumped by 410 to close at 26,630 per 10 grams from Wednesday’s closing level of 26,220. Pure gold (99.9 purity) also rose by a similar margin to settle at 26,780 per 10 grams from 26,370. Silver (.999 fineness) climbed by 440 to finish at 38,100 per kg as compared with 37,660 previously.

In New Delhi, gold prices rose for the third straight day to regain the 27,000 per 10 grams level on the back of strong demand. In the national capital, prices of 99.9 and 99.5 per cent pure gold increased by 60 each to 27,010 and 26,860 per 10 grams, respectively.

In overseas market, comex trading remained closed yesterday on account of ‘Good Friday’. PTI

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