Extending its gains for the third straight session, gold prices on Thursday surged by ₹335 to ₹32,835 per 10 gram at the bullion market in the national capital, amid weaker rupee against dollar, according to the All India Sarafa Association.
Silver, too, followed gold by gaining ₹350 to ₹39,700 per kg due to increased demand from industrial units and coin makers.
On Tuesday and Wednesday, gold prices gained by ₹200 and ₹30, respectively.
Traders said weaker rupee against dollar and safe haven buying contributed the surge in the prices of the yellow metal.
Besides, firm trend overseas helped the rise in gold prices, they added.
In Delhi, prices of gold of 99.9% and 99.5% purities gained ₹335 each to ₹32,835 per 10 gram and ₹32,685 per 10 gram, respectively.
Sovereign gold, however, remained unchanged at ₹25,200 per piece of 8 gram.
Globally, gold prices traded higher at $1,290.82 an ounce, while silver was up at $15.55 an ounce in New York.
Silver ready advanced ₹350 to ₹39,700 per kg and weekly-based delivery witnessed a rise of ₹617 to ₹39,365 per kg.
Silver coins, however, remained unchanged at ₹76,000 for buying and ₹77,000 for selling of 100 pieces.