New Delhi, October 19: Gold prices surged by Rs 135 to Rs 20,085 per ten grams in the national capital today on emergence of frantic buying by stockists and jewellers to meet ongoing festival and marriage season demand.
Gold is just Rs 35 short of the Rs 20,120 per ten grams record last seen on October 15.
Besides, silver spurted by Rs 575 to its record high of Rs 37,000 per kg on hectic buying by industrial units and coin makers for the auspicious festival of ‘Diwali.’
Precious metal prices also shot up on buying by investors, who preferred to park their funds in bullion instead of volatile equity markets.
The gold of 99.9 and 99.5 per cent purity rose by Rs 135 each to Rs 20,085 and Rs 19,985 per ten grams respectively.
–Agencies