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Gold climbs Rs 200 to hit record high of Rs 94,350 per 10 gm in Delhi

The precious metal of 99.9 per cent purity had stayed flat at Rs 94,150 per 10 grams on Wednesday

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Gold prices climbed Rs 200 to hit a fresh peak of Rs 94,350 per 10 grams in the national capital on Thursday amid persistent buying by jewellers and stockists, according to the All India Sarafa Association.

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The precious metal of 99.9 per cent purity had stayed flat at Rs 94,150 per 10 grams on Wednesday.

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Rising for the fifth straight day, gold of 99.5 per cent purity rose Rs 200 to establish a lifetime high of Rs 93,900 per 10 grams.

However, silver prices plunged Rs 1,000 to Rs 1,00,500 per kg from Wednesday's closing level of Rs 1,01,500 per kg.

Meanwhile, gold futures for June delivery on the MCX, climbed Rs 695 to hit a record high of Rs 91,423 per 10 grams. Later, it pared all its gains, trading lower by Rs 848 at Rs 89,880 per 10 grams.

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