Gold price jumps Rs 791; silver zooms Rs 2,147

In the international market, gold was quoting in the green at USD 1,950 per ounce and silver was flat at USD 25.44 per ounce.

Published: 06th November 2020 03:56 PM  |   Last Updated: 06th November 2020 03:56 PM   |  A+A A-

gold, jewellery, ornaments

For representational purposes. (Photo | EPS)

By PTI

NEW DELHI: Gold prices jumped Rs 791 to Rs 51,717 per 10 grams on Friday, rallying for the third consecutive day, supported by rally in global precious metal prices, according to HDFC Securities.

In the previous trade, it had closed at Rs 50,926 per 10 grams. In tandem with a rise in gold, silver also zoomed Rs 2,147 to Rs 64,578 per kg from Rs 62,431 per kilogram in the previous day.

In the international market, gold was quoting in the green at USD 1,950 per ounce and silver was flat at USD 25.44 per ounce.

HDFC Securities Senior Analyst (Commodities) Tapan Patel said gold prices traded higher on expectations of more stimulus packages.

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