lending support to Friday’s gains, gold prices rose further by Rs 15 to Rs 25,690 per 10 grams at the bullion market on Saturday following a buying surge by jewellers and retailers.
However, silver prices went down Rs 25 to Rs 34,300 per kg due to lack of buying support from industrial units and coin-makers.
Bullion traders said the pick-up in buying kept gold prices higher, but gains were restricted due to closure of global markets for Christmas.
In the national capital, gold of 99.9 per cent and 99.5 per cent purity advanced by Rs 15 each to Rs 25,690 and Rs 25,540 per 10 grams, respectively.
The yellow metal had gained Rs 125 on Friday. Sovereign, however, remained steady at Rs 22,200 per piece of eight grams.