The yellow metal prices jumped to Rs 13,000 per 10 gram in the bullion market on account of heavy buying by stockists influenced by a firming trend in the overseas market, reports Economic Times.
The other precious metal, silver also climbed by Rs 50 at Rs 17,000 a kg.
The dollar fell to seven-week low level against the euro. The increasing price of crude oil was another supporting factor for the precious metal.
Meanwhile, silver ready rose by Rs 50 at Rs 17,000 a kg and weekly-based delivery by Rs 40 at Rs 17,120 a kg. Silver coins surged by Rs 200 at Rs 26,600 for buying and Rs 26,700 for selling of 100 pieces.
Standard gold and ornaments gained Rs 100 each at Rs 13,000 and Rs 12,850 per 10 gram respectively. Sovereign was unchanged at Rs 10,500 a piece of eight gram.
