Mumbai:- Gold prices rose at the domestic bullion market here on sustained buying from jewellery stockists and traders on the back of higher global cues.
Elsewhere, silver also rebounded due to good industrial demand.
Standard gold (99.5 purity) jumped by Rs 235 to end at Rs 25,650 per 10 grams from overnight closing level of Rs 25,415.
Pure gold (99.9 purity) also rose by a similar margin to conclude at Rs 25,800 per 10 grams compared to Rs 25,565.
Silver (.999 fineness) recovered by Rs 165 per kg to finish at Rs 34,035 from Rs 33,870 earlier.
Globally, gold hit a four-week high, extending gains for a third session, as persistent concerns over the Chinese economy battered stock markets, while tensions simmered in the Korean peninsula and the Middle East.
Spot gold was up 0.6 percent at USD 1,083.76 an ounce in early trade, while US gold futures for February delivery were up USD 5.10 an ounce at USD 1,083.50.
Silver was up 0.3 percent at USD 13.98 an ounce.
PTI
