Gold prices shot up and ended at an all-time high of Rs 6,115 per ten gram on the bullion market in Mumbai on hectic stockists' and investment buying following a steep rally in the international prices.
Increased seasonal demand in view of the ongoing marriage season buying also boosted the sentiment to a large extent, dealers said on Monday.
In the global markets, gold prices shot up on heavy investment buying and crossed the $408.00 per ounce level due to sharp rise in euro which touched an all-time high against the dollar, they said.
Silver also found heavy all-round buying in line with gold and shot up to end with handsome gains.
Pure gold (99.9 purity) opened steady at Rs 6,090, but later picked up strength following heavy bouts of buying and closed at Rs 6,115, showing a gain of Rs 25 over the previous close of Rs 6,090.
Standard gold, however opened weak at Rs 6,040. But it also attracted heavy buying in line with pure gold and shot up to end at a new high of Rs 6,075, showing a gain of Rs 25 over the last weekend close of Rs 6,050.