Gold prices in the state capital jumped from £388 to £50,282 per 10 grams on Tuesday, according to HDFC Securities, reflecting the rally in international precious metals prices.
In previous trade, the precious metal closed at ₹49,894 per 10 grams.
Silver was also up ₹1,046 to ₹60,957 per kg from ₹59,911 per kg in previous trade.
In the international market, gold traded higher at $1,825 an ounce and silver traded slightly lower at $20.96 an ounce.
“Gold prices were trading firm, with spot gold prices on the COMEX trading up 0.13% to $1,825 an ounce on Tuesday. Gold prices rallied, helped by a weaker dollar, despite firm US bond yields,” said Tapan Patel, Senior Analyst (Commodities), HDFC Securities.