Gold, silver up on seasonal buying in India

New Delhi, Feb 25 (PTI):  Gold prices rose by Rs 160 to Rs 31,350 per ten grams in the national capital Monday on sustained buying for the ongoing wedding season.

Silver also gained for the third day by adding Rs 120 to Rs 47,880 per kg on increased offtake by industrial units and coin manufacturers.

Traders said sustained buying for the ongoing wedding season mainly influenced gold and silver prices.

In the national capital, gold of 99.9 and 99.5 per cent purity advanced by Rs 160 each to Rs 31,350 and Rs 31,150 per ten grams, respectively. It had gained Rs 40 in the previous session.