Gold and Silver bounced back on the mumbai bullion market on fresh demand from stockists. The expectation of a uptrend has increased in view of the upcoming marriage season and late recovery of precious metals including gold and silver in the overseas markets. Industrial demand for silver continued to be strong. In the global market, gold prices fell in line with other commodities as oil and industrial metals as the collapse of mooted deal to rescue ailing US car-makers knocked investors' confidence.