Gold climbs `500 to `74,100 per 10 grams; silver rallies `1,000

New Delhi, Sep 05: Gold prices climbed by Rs 500 to Rs 74,100 per 10 grams in the national capital on Thursday due to fresh demand by jewellers amid a strong trend in the overseas markets.The precious metal had closed at Rs 73,600 per 10 grams in the previous close on Wednesday,Tracking gold, silver also rallied by Rs 1,000 to Rs 84,600 per kilogram on Thursday due to increased offtake from industrial units and coin makers, according to the All India Sarafa Association.It had finished at Rs 83,600 per kg in the previous trade.In addition, gold of 99.5 per cent purity jumped by Rs 500 to Rs 73,750 per 10 grams from Rs 73,250.Domestically, traders attributed the rise in gold prices to a strong trend in the international markets, which influenced the market sentiment to an increased buying from local jewellers.On the overseas front, Comex gold rose 0.82 per cent higher to USD 2,546.80 per ounce.“The bullion advanced on Thursday following weaker-than-expected US job data, which bolstered bets on steep rate cuts that provided support for non-yielding metals like gold,” Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said.