New Delhi, July 31: After witnessing a steep fall in the past two straight sessions, gold today regained some of its sheen to close higher by Rs 80 at Rs 14,950 per ten gram on emergence of buying by stockists and ornament makers ahead of the festival and marriage season amid firming trend overseas.
Silver too staged a comeback and recorded a hefty rise of Rs 400 to Rs 22,500 per kg.
Trading sentiment turned bullish after gold rose by 2.10 dollar to 936.50 dollar an ounce in London as dollar weakened against major currencies, boosting demand for the precious metal.
Bullion traders said pick up in demand from stockists as well as ornaments makers ahead of the festive and marriage season also influenced gold prices in the national capital.
–PTI