Supported by pickup in demand from jewellers and firming trend overseas, gold prices rose by Rs20 to Rs27,050 per ten grams at the bullion market on Tuesday.
However, silver down by Rs200 to Rs37,300 per kg due to lack of necessary buying support from industrial units. Traders said apart from increased buying by jewellers, a firming global trend, mainly kept gold prices higher.
Gold in Singapore, which normally sets price trend on the domestic front, added 0.3 per cent to $1,177.68 an ounce.
In the national capital, gold of 99.9 and 99.5 per cent purity advanced by Rs20 each to Rs27,050 and Rs26,900 per ten grams, respectively. It had gained Rs80 on Monday. Sovereign, however, met with resistance and declined by Rs200 to Rs23,400 per piece of eight gram.