New Delhi, October 25: Both silver and gold surged in the national capital today on fresh buying by retail customers for the on-going festive and marriage season amid firm global cues.
While gold shot up by Rs 225 to Rs 19,780 per ten grams, silver gained Rs 450 to Rs 36,100 per kg on increased offtake by industrial units and coin makers.
Trading sentiment turned bullish on emergence of buying by retail customers for upcoming Dhanteras and Diwali festivals, which witness maximum consumption of the precious metals.
Gold strengthened in the domestic market as the yellow metal climbed in global markets as a weak dollar increased investors demand for the precious metals as an alternative investment option.
Gold in overseas markets, which normally sets the price on the domestic front, rose 1.3 per cent to USD 1,345.30 an ounce.
On the domestic front, the gold of 99.9 and 99.
–Agencies