capital on Tuesday on the back of fresh buying from jewellers. In the previous session, the precious metal of 99.9 per cent purity had closed at Rs 73,500 per 10 grams on Monday.
Silver prices, too, jumped Rs 700 to Rs 84,500 per kilogram from Rs 83,800 per kg in the previous close, according to the All India Sarafa Association.
Additionally, gold of 99.5 per cent purity bounced Rs 400 to Rs 73,750 per 10 grams. It had settled at Rs 73,350 per 10 grams in the previous session.
Traders said gold prices saw an uptrend due to rise in domestic demand. However, a weak trend overseas capped the gains.
In the overseas markets, comex gold is trading lower at USD 2,532.10 per ounce.
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«Gold prices have held above USD 2,500-mark through the start of the European session on Tuesday as traders seemed reluctant to place directional bets ahead of the US Inflation reports due to be published in the days ahead,» Maneesh Sharma, AVP of