New Delhi: Gold prices moved up by Rs220 to Rs31,720 per ten gram in the national capital on Thursday on marriage season demand amid a firm global trend. However, silver held steady at Rs48,000 per kg on lack of buying support from industrial units. Traders said increased buying by stockists and retail customers for the marriage season mainly led to recovery in gold prices. Firm global trend further supported the uptrend, they said. Gold in Singapore, which normally sets price trend on the domestic front, rose by 0.6% to $1,289 an ounce. On the domestic front, gold of 99.9 and 99.5% purity recovered by Rs220 each to Rs31,720 and Rs31,520 per ten gram, respectively. It had lost Rs315 on Wednesday. Sovereign followed suit and went up by Rs100 to Rs25,300 per piece of eight gram. On the other hand, silver ready held steady at Rs48,000 per kg while weekly-based delivery lost Rs110 at Rs47,200 per kg on lack of speculators support, while silver coins spurted by Rs1,000 to Rs86,000 for buying and Rs87,000 for selling of 100 pieces on marriage season demand.

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