Silver also rose in line with gold amid hectic speculative demand.
Standard gold of 99.5 per cent purity spurted by Rs 170 per 10 gm to close at Rs 30,400 from Monday's closing level of Rs 30,230.
Pure gold of 99.9 per cent purity also climbed by Rs 165 per 10 gm to end at Rs 30,530 from Rs 30,365.
Silver ready (.999 fineness) gained by Rs 305 to conclude at Rs 59,140 per kg as against Rs 58,835 yesterday.
At the global front, gold closed higher on safe haven buying following steep drop in US equities amid political turmoil in spain and potential increase of demand from China.
Gold for April delivery climbed USD 5.80 to USD 1,676.40 an ounce on the Comex division of the NYMEX late yesterday.
However, silver for March contract declined 24 cents to USD 31.72 an ounce.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
