Mumbai, December 29: Gold prices continued to surge at the bullion market here today on hectic buying by stockists and jewellers in tandem with a steep rise in international level.
Silver flared up to hit a new record high, topping the Rs 46,000 a kg mark on the back of frantic speculative buying amidst a huge rise in overseas.
Silver ready (.999 fineness) shot up by a hefty Rs 1,145 per kilo to close at Rs 46,710 from Tuesday’s closing level of Rs 45,565.
Standard gold (99.5 per cent purity) zoomed by Rs 110 per 10 grams to end at Rs 20,615 from Rs 20,505 yesterday.
Pure gold (99.9 per cent purity) rose by Rs 115 per 10 grams to finish at Rs 20,720, as against 20,605 previously.
In New York, gold jumped on weakening dollar valuations against major currencies.
Gold for February delivery rallied by USD 22.
–Agencies