Gold climbs to a new high of 31,980

New Delhi/Mumbai: Continuing its upward swing, gold on Wednesday surged Rs 130 to a new all-time high of Rs 31,980 per 10 grams in the national capital on sustained buying by stockists amid a firming global trend.      However, silver met with resistance at prevailing higher levels and lost Rs 200 to Rs 60,000 per kg.      In Mumbai, the yellow metal surged Rs 160 to Rs 31,480, also a new high for the financial capital. Pure gold (99.9 purity) similarly rose by Rs 155 to finish at Rs 31,620 per 10 gm from Rs 31,465.      Silver ready (.999 fineness) rallied by Rs 325 per kg to conclude at Rs 61,325 as against Rs 61,000 previously.      In New York, gold surged to its highest level pinning hopes over further stimulus measures from global central banks to boost their respective economies. AGENCIES