NEW DELHI, MARCH 20: Gold remained in a sweet spot for the second day today as the prices rose another Rs. 150 to Rs. 29,150 per 10 grams, making the most of a global uptrend and local jewellers’ penchant for the yellow metal.Silver prices were also up by Rs. 200 to Rs. 41,200 per kg on increased offtake by industrial units and coin makers.Traders said a firm trend overseas amid dollar's weakness following dovish outlook by the US Fed took the precious metal higher. Persistent buying by local jewellers added to the shine.Globally, gold rose 0.46 per cent to $1,234.40 an ounce in Singapore.In the national capital, gold of 99.9 per cent and 99.5 per cent purity surged Rs. 150 each to Rs. 29,150 and Rs. 29,000 per 10 grams, respectively. It had gained Rs. 50 on Saturday.Sovereign, however, turned weak and fell Rs. 100 to Rs. 24,300 per piece of eight grams.In line with gold, silver ready moved up by Rs. 200 to Rs. 41,200 per kg, while weekly-based delivery fell by Rs. 710 to Rs. 40,200 per kg.Silver coins, however, remained unchanged at Rs. 70,000 for buying and Rs. 71,000 for selling of 100 pieces.
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