Gold gains Rs 61; silver declines Rs 615

New Delhi: Gold prices in the national capital on Friday gained Rs 61 to Rs 47,013 per 10 gram amid rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 46,952 per 10 gram.

Silver, however, declined by Rs 615 to Rs 59,273 per kilogram from Rs 59,888 per kilogram in the previous trade.

The Indian rupee declined by 18 paise to close at 75.78 on Friday.

In the international market, gold was trading lower at USD 1,773 per ounce and silver was flat at USD 21.84 per ounce.

“Gold prices traded weak with spot gold prices at COMEX were trading marginally down near USD 1,773 per ounce on Friday. The stronger dollar underpinned demand for precious metals”, according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

News

Articles You May Like

These 5 stocks hit 52-week low, plunge over 14% in a month
Dollar Reasserts Dominance on Fed Expectations and Risk Sentiment
How to Choose a Forex Broker
Dollar Softens Slightly Post-CPI; Focus Turns to Aussie Employment Data
Jim Cramer’s week ahead: Earnings from Nvidia, TJX and Walmart

Leave a Reply

Your email address will not be published. Required fields are marked *