Gold prices remain flat at Rs 84,900 per 10 g, silver rallies Rs 700

Gold remained flat at its all-time high price of Rs 84,900 per 10 grams in the national capital on Saturday, according to the All India Sarafa Association. On Friday, the precious metal price of 99.9 per cent purity rose for the third straight session, jumping by Rs 1,100 to hit a new peak of Rs 84,900 per 10 grams driven by robust domestic demand. Gold has rallied by Rs 5,510 or 7 per cent since January 1 when the metal traded at Rs 79,390 per 10 grams in the local market. The yellow metal of 99.5 per purity also traded flat at Rs 84,500 per 10 grams -- also its record high on Saturday. However, silver rallied for the fourth straight session, climbing Rs 700 to Rs 95,700 per kg on persistent offtake by industrial units and coin makers. The white metal had closed at Rs 95,000 per kg on Friday. In the last four sessions, silver has advanced Rs 2,700 or 2.9 per cent to Rs 95,700 per kg from Rs 93,000 per kg on January 29. In futures trade, gold contracts for February delivery fell