Gold, silver jump tracking strong global trends

In the international market, both gold and silver were trading with gains at USD 1,910 per ounce and USD 24.27 per ounce, respectively.

Published: 09th October 2020 04:34 PM  |   Last Updated: 09th October 2020 04:34 PM   |  A+A A-

gold, jewellery, ornaments

For representational purposes. (Photo | EPS)

By PTI

NEW DELHI: Gold prices rose Rs 236 to Rs 51,558 per 10 gram in the national capital on Friday following a positive trend in the international market, according to HDFC Securities.

In the previous trade, gold had closed at Rs 51,322 per 10 gram. Silver prices also jumped Rs 376 to Rs 62,775 per kilogram from Rs 62,399 per kilogram in the previous trade.

"Spot gold prices for 24 carat in Delhi were up Rs 236 on strong international gold prices," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

In the international market, both gold and silver were trading with gains at USD 1,910 per ounce and USD 24.27 per ounce, respectively.

Gold prices rallied on weaker dollar on uncertainty over US stimulus and worries about US economic recovery, Patel added.

More from Business.
Now we are on Telegram too. Follow us for updates
TAGS
Gold price Silver price
India Matters

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

Videos
Gallery