Gold prices recovered modestly at the bullion market here today on moderate demand at lower levels by retail consumers amid marriage-season offtake.
While, silver traded sluggish and ended almost flat owing to mute industrial demand.
Prices of standard gold (99.5 purity) gained by Rs 40 to close at Rs 26,620 per 10 grams from Tuesday's closing level of Rs 26,580.
Pure gold (99.9 purity) also moved up by a similar margin to conclude at Rs 26,770 per 10 grams as compared to Rs 26,730 yesterday
Silver (.999 fineness) eased by Rs 5 to finish at Rs 37,285 per kg from to Rs 37,290 previously.
At overseas, in Europe, gold rose slightly above USD 1,200 an ounce following two straight sessions of losses, helped by lower European shares but a stronger dollar ahead of major US economic data weighed.
In London, spot gold was trading up at USD 1,204.80 close USD 1,208.20 an ounce in early trade, while spot silver also higher USD 16.30 an ounce.
