MUMBAI: Gold staged a smart rally and hit a nine-month high at the domestic bullion market on Saturday on strong buying from stockists amid jewellery and investment demand in the backdrop of surge in global commodity market.
Silver also surged and retraced the key Rs 54,000 per kg mark on heavy speculative as well as industrial demand.
Standard gold of 99.5 per cent purity shot up by Rs 630 to conclude at Rs 31,790 per 10 gm from Friday's closing level of Rs 31,160.
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