Gold prices recovered by Rs 110 per 10 grams at the bullion market here today, in line with a firming trend overseas and on scattered buying by local jewellers.
Silver remained in demand and advanced by Rs 430 to Rs 39,975 per kg from industrial units.
Standard gold (99.5 purity) rose by Rs 110 to close at Rs 30,775 per 10 grams from yesterday's closing level of Rs 30,665.
Pure gold (99.9 purity) also moved up by a similar margin to settle at Rs 30,925 per 10 grams as compared to Rs 30,815.
Silver (.999 fineness) surged by Rs 430 to finish at Rs 39,975 per kg against Rs 39,545 yesterday.
Globally, a weaker dollar helped to push gold prices higher, but gains were limited as the market waited for clues on the pace of US interest rate hike from a meeting of the Federal Reserve next week.
Spot gold was up 0.2 per cent at USD 1,298.26 an ounce at early trade, while US gold futures for August delivery firmed by 0.1 per cent to USD 1,302.40.
In other precious metals, silver was up 0.3 per cent at USD 16.69 an ounce.
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