Gold prices firmed-up further at the domestic bullion market today on a steady demand from stockists buoyed by good retail off-take in the backdrop of ongoing marriage season.
Silver continued its downtrend to slide further amid sustained speculative selling.
Standard gold (99.5 purity) rose by Rs 125 to close at Rs 31,190 per 10 grams from Thursday's closing level of Rs 31,065.
Pure gold (99.9 purity) also gained by a similar margin to finish at Rs 31,340 per 10 grams from Rs 31,215.
However, silver ready (.999 fineness) dropped by Rs 215 to conclude at Rs 48,350 per kilo from Rs 48,565 yesterday.
Globally, gold edged lower on investors profit-taking after two days of gains spurred by assurances from new Federal Reserve chief nominee that the US central bank will continue its easy monetary policy for now.
In London, spot gold bid lower at USD 1,282.24 an ounce in the early trade and silver also bid down at USD 20.59 an ounce.
