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In the national capital, gold of 99.9 and 99.5 per cent purity surged by Rs. 170 each to Rs.31,820 and Rs. 31,670 per ten gram, respectively. Sovereign however held flat at Rs. 24,800 per piece of eight gram.
Sentiment remained firm on the back of a higher trend overseas as the dollar weakened, raising demand for gold as a safe haven, said traders.
Besides, pick-up in buying by local jewellers to meet the ongoing wedding season demand at domestic spot market supported the uptrend in gold.
Globally, gold rose 0.40 per cent to $1358.70 an ounce and silver by 0.36 per cent to $16.88 an ounce in Singapore.
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