NEW DELHI: Snapping a two-day losing trend, gold prices recovered sharply by Rs 285 to Rs 27,850 per 10 gm in the national capital on Thursday on emergence of stockists buying for the wedding season amid a firm global trend.
Silver also advanced by Rs 300 to Rs 46,000 per kg on increased offtake by industrial units and coin makers.
Traders said emergence of buying by stockists and retailers to meet the ongoing wedding season demand amid a firm trend in overseas markets mainly led a recovery in gold prices.
