NEW DELHI: Gold prices recovered by 80 to 30,480 per 10 grams in the national capital on increased demand from stockists and retailers, driven by the ongoing wedding season.
Traders attributed the rise in gold prices to increased buying by stockists and retailers to meet the wedding season demand.
However, silver and its coins suffered losses due to reduced offtake by industrial units and coin makers.
In Delhi, gold of 99.9 and 99.5 per cent purity traded higher by 80 each to 30,480 and 30,280 per 10 grams, respectively. It had lost 350.
Sovereign, however, remained steady at 25,100 per piece of eight grams.
On the other hand, silver ready fell further by 230 to 41,770 per kg and weekly-based delivery by a similar margin to 41,670 per kg. The white metal had plunged by Rs 800 in the previous session.
Silver coins also dropped by 1,000 to 79,000 for buying and 80,000 for selling of 100 pieces.