Silver also recorded a handsome gain of Rs 1,000 at Rs 39,500 per kg on increased offtake by industrial units and coin makers.
Marketmen said apart from a firming trend overseas where gold jumped to five-week high, increased buying by jewellers to meet ongoing wedding season demand, mainly kept prices of the precious metals higher.
Globally, gold in New York, which normally determines price trend on the domestic front, was up by 1.85 per cent to $1,215.10 an ounce and silver by 3.70 per cent to $17.09 an ounce in yesterday's trade.
Besides, shifting of funds from weakening equities to rising bullion supported the upside in prices, they said. In the national capital, gold of 99.9 per cent and 99.5 per cent purity climbed by Rs 325 each to Rs 27,890 and Rs 27,740 per 10 grams, respectively, a level last seen on February 10.
It had gained Rs 315 yesterday.
Following gold, silver ready too maintained its upward journey and spurted by Rs 1,000 to Rs 39,500 per kg and weekly-based delivery by Rs 1,085 to Rs 39,450 per kg.
On the other hand, silver coins ruled steady at Rs 57,000 for buying and Rs 58,000 for selling of 100 pieces.
Booming business: How gold is SMUGGLED into India
Gold smuggling is back with a bang!
Priyanka's HOTTEST Hollywood appearances? VOTE!
'Achche Din not here but we are moving in the right direction'
Rupee ends higher by 17 paise vs USD on recovery in equities