<div>Precious gold spiked to near one-and -a half months high and reclaimed the key psychological Rs 31,000 per 10/gm mark at the bullion market here today owing to heavy jewellery stockists demand supported by robust seasonal offtake.</div><div> </div><div>Silver also surged on the back of aggressive speculative as well as industrial buying.</div><div> </div><div>Standard gold of 99.5 per cent purity climbed by Rs 165 to finish at Rs 31,130 per 10 grams from Saturday's closing level of Rs 30,965.</div><div> </div><div>Pure gold of 99.9 per cent purity also spurted by a similar margin to end at Rs 31,280 per 10 grams from Rs 31,115 previously.</div><div> </div><div>Silver ready (.999 fineness) jumped by Rs 700 to conclude at Rs 49,750 per kg as compared to Rs 49,050 last weekend.</div><div> </div><div>Globally, the shiny metal continued its momentum on easing concerns over an imminent withdrawal of the Fed's bullion friendly quantitative-easing measures amid sliding dollar value.</div><div> </div><div>Spot gold was bid higher at $1,320 an ounce in early European trade and silver was up at USD 22.18 an ounce. </div><div> </div><div> </div><div>(PTI)</div><div> </div>
