Traders said some buying for the marriage season mainly helped gold prices to recover.Reduced offtake by industrial units and coin makers kept pressure on silver prices, they said.
On the domestic front, gold of 99.9 and 99.5 per cent purity recovered by Rs. 130 each to Rs. 30,130 and Rs. 29,930 per 10 grams, respectively. It had lost Rs. 200 on Tuesday.Sovereign remained steady at Rs. 25,000 per piece of 8 grams.
Silver ready remained under selling pressure and surrendered Rs. 300 to Rs. 43,000 per kg and weekly-based delivery by Rs. 790 to Rs. 42,030 per kg, after losing Rs. 600 in the previous session.Silver coins also dropped by Rs. 1,000 to Rs. 81,000 for buying and Rs.82,000 for selling of 100 pieces.