Gold prices in the national capital on Friday gained ₹ 687 to ₹ 54,538 per 10 gram on recovery in international prices, according to HDFC Securities.
In the previous trade, the precious yellow metal had closed at ₹ 53,851 per 10 gram.
Silver was also in demand as it jumped ₹ 2,854 to ₹ 65,910 per kg, from ₹ 63,056 per kg on Thursday.
“Spot gold prices for 24 karat in Delhi witnessed strong opening and gained Rs 687 with recovery in international prices,” HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
In the international market, gold was trading with gains at USD 1,976 per ounce and silver at USD 24 per ounce.
“Gold prices regained bullish momentum on concerns over slower economic growth on poor US economic data,” he added.
You have reached your limit for free articles this month.
To get full access, please subscribe.
Already have an account ? Sign in
Show Less Plan
Subscription Benefits Include
Today's Paper
Find mobile-friendly version of articles from the day's newspaper in one easy-to-read list.
Faster pages
Move smoothly between articles as our pages load instantly.
Unlimited Access
Enjoy reading as many articles as you wish without any limitations.
Dashboard
A one-stop-shop for seeing the latest updates, and managing your preferences.
Personalised recommendations
A select list of articles that match your interests and tastes.
Briefing
We brief you on the latest and most important developments, three times a day.
*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.
A letter from the Editor
Dear subscriber,
Thank you!
Your support for our journalism is invaluable. It’s a support for truth and fairness in journalism. It has helped us keep apace with events and happenings.
The Hindu has always stood for journalism that is in the public interest. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. As a subscriber, you are not only a beneficiary of our work but also its enabler.
We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda.
Suresh Nambath
