On the other hand, silver recovered by Rs 240 to Rs 43,420 per kg on increased offtake by industrial units and coin makers.
Traders said increased buying by stockists and retailers for the ongoing marriage season amid a firming global trend, as escalating tensions between Ukraine and Russia spur demand for haven assets, mainly led the rise in precious metal prices.
Gold in New York, which normally sets price trend on the domestic front, rose by 0.5 per cent to $1,290.60 an ounce and silver by 1.3 per cent to $19.71
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