Gold prices recovered by Rs 70 to Rs 13,160 per 10 gram in the national capital today on emergence of buying by stockists, triggered by firming global trend.
Silver followed suit and recovered part of the previous day's losses by adding Rs 50 at Rs 17,800 per kg. The metal had dropped by Rs 300 yesterday.
Trading sentiment turned better as gold advanced for a second straight day in Asia after measures by the US government to stabilise its financial system boosted investors confidence.
Gold in overseas trading gained 0.9 per cent to 824.93 dollar an ounce, which further sent positive signals to the bullion markets here.
Standard gold and ornaments rose by Rs 70 each to Rs 13,160 and Rs 13,010 per 10 gram, respectively. Sovereign, however, ruled flat at Rs 10,725 per piece of eight gram.
A similar firmness was extended in white metal as silver ready shot up by Rs 50 to Rs 17,800 per kg and weekly-based delivery by Rs 110 to Rs 17,660 per kg.
Silver coins held steady at Rs 26,800 for buying and Rs 26,900 for selling of 100 pieces.
