New Delhi, February 08:Both silver and gold prices rose on the bullion market today on brisk buying by stockists and jewellers to meet the ongoing marriage season demand amid firm global cues.
While silver surged by Rs 400 to Rs 45,300 per kg on increased offtake by industrial units, gold gained Rs 30 to Rs 20,370 per 10 grams.
Trading sentiment turned bullish as stockists and jewellery manufacturers enlarged their positions to meet the ongoing marriage season demand.
A firm trend in the overseas markets, which normally sets the price trend on the domestic front, supported the upward march.
In global markets gold gained 0.4 per cent to USD 1,356.35 an ounce.
Beside, shifting of funds from weak equities to rising bullion also bolstered the trading sentiment.
–PTI