Gold advanced by ₹130 to ₹31,980 per 10 gram on Thursday following uptick in festive season demand from jewellers and retailers at the domestic spot market despite a weak global trend.
However, silver met with resistance at prevailing levels and declined by ₹200 to ₹39,000 per kg.
Bullion traders said gold prices spurted due to surge in festive demand.
Besides, the rupee depreciating to a life-time low of 74.50 (intra-day) against the dollar, making imports costlier, too supported the uptrend in gold, they said.
Globally, gold fell 0.15% to $1,193.60 an ounce in Singapore. Silver too eased 0.14% to trade at $14.34 an ounce.
In the national capital, gold of 99.9% and 99.5% purity rose by ₹130 each to ₹31,980 and ₹31,830 per 10 gram, respectively. The metal had gained ₹200 on Wednesday.
Sovereign however remained steady at ₹24,600 per piece of eight gram.
On the other side, silver ready fell by ₹200 to ₹39,000 per kg and weekly-based delivery traded higher by ₹180 to ₹38,470 per kg on speculative buying.
Silver coins however remained unchanged at ₹73,000 for buying and ₹74,000 for selling of 100 pieces.