Gold prices surged by Rs 600 to Rs 13,300 per 10 gram at open in the national capital today on heavy buying by stockists influenced by firming global trend.
Tracking global cues gold prices on Thursday fell for the third straight session, dipping by Rs 145 to close at Rs 11,500 per ten gram on the bullion market on firm dollar and reduced inflationary concerns.
Gold prices fell by Rs 105 to close below psychological 12,000 level on the bullion market today on emergence of selling triggered by weak global trends.
Gold prices were higher on Tuesday tracking foreign markets that were besieged by worries over the financial system and high crude oil prices, keeping local traders at bay.