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Dealers said the rise in precious metal is due to firming trend in metals overseas.
At the Multi Commodity Exchange, Gold for February delivery rose by Rs 42 or 0.15% at Rs 27,532 at 2.50 pm IST and touched intraday high of Rs 27,581.
Similarly, the metal for April contract up by Rs 70 or 0.25% to Rs 27,955. Spot gold also rose and was seen trading at Rs 27,498.00, While Spot silver was at Rs 54,905.00.
While, silver for march delivery also rose by Rs 420 or 0.76% at Rs 55,968 and touched intraday high of Rs 56,310.00
US spot gold was seen hovering at $1,674 an ounce.
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