old prices bounced back on the bullion market here on Monday on renewed demand from stockists on the back of higher global advices.
Silver also inched up on mild demand from industrial users.
Some of the investors might have shifted to equity market for early gains, traders said.
Standard gold (99.5 purity) shot up by Rs 75 per 10 grams to Rs 11,995 from the last weekend's level of Rs 11,920. Pure gold (99.9 purity) also rose by a similar margin to Rs 12,055 from Rs 11,980.
Silver ready (.999 finess) moved up by Rs 30 per kilo to Rs 23,415 from Rs 23,385.
In the London market, gold was fixed higher in the morning at USD 882.50 per ounce as against USD 876.00 per ounce.
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