In the global market, gold hit a 25-year high of $661.63 an ounce and later was quoted at $658.70 an ounce on heavy speculative buying following the escalating dispute over Iran's nuclear programme, dealers said.
Silver also remained bullish on continued expectations for increased investment demand generated by a new silver exchange-traded fund that was launched on Friday and was up by 33.5 cents at $13.965 per ounce.
However, dealers and jewellers said buying activity in the local market was comparatively low due to high prices.
"Normally gold and silver attract good buying during the month of May for festivals and marriages, but this time buying enthusiasm was low due to the escalating prices," a jewellery dealer said.
"Last May on the same day gold closed at Rs 6190 per 10 gram and silver was at Rs 10,525 a kilogramme," he added.
Standard gold (99.9 purity) and pure gold (99.9 purity) ended Rs 65 higher at Rs 9625 and Rs 9675 from the previous weekend close of Rs 9560 and Rs 9610 respectively. Ready silver (.999 fineness) rose by Rs 50 Rs 20,600 from Rs 20,550 previously.