Gold gains by Rs 455, silver jumps to Rs 61,926

New Delhi: Gold prices rallied by Rs 455 to Rs 46,987 per 10 gram in the national capital on Thursday following firm trends in global markets, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 46,532 per 10 gram.

Silver also jumped Rs 894 to Rs 61,926 per kg from Rs 61,032 per kg in the previous trade.

In the international market, gold was trading higher at $1,795 per ounce and silver was flat at $23.20 per ounce.

“Gold prices traded higher with spot gold prices at COMEX trading 0.12 per cent up at $1,795 per ounce on Thursday.

Gold prices held firm trading range supported by weaker dollar and inflation worries,” according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

Articles You May Like

Gold rate today: Yellow metal ticks higher; silver regains Rs 61,000 mark
Best Buy shares soar as retailer sticks with its holiday-quarter outlook
The USD is the strongest and the JPY is the weakest as the NA session begins
Dollar Down as Smaller Fed Hike Affirmed, But Downside Potential Limited
Forexlive Americas FX news wrap: USD moves higher but quasi-holiday trading limits moves

Leave a Reply

Your email address will not be published.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