 "Gold prices climb Rs 570 to Rs 47,155; silver zooms Rs 190")
Don't want to miss the best from Business Standard?
Gold prices in the national capital rallied by Rs 570 to Rs 47,155 per 10 grams on Friday in line with gains in metal prices in the global markets and a fall in the rupee against the US dollar, according to HDFC Securities.
In the previous trade, the precious metal had settled at Rs 46,585 per 10 gram.
Silver also jumped Rs 190 to Rs 62,145 per kg from Rs 61,955 per kg in the previous trade.
The rupee depreciated by 16 paise to 74.68 against the US dollar in opening trade on Friday.
In the international market, gold was trading with gains at USD 1,808 per ounce and silver was flat at USD 23.70 per ounce.
"Gold prices traded higher with spot gold prices at COMEX trading 1 per cent up at USD 1,808 per ounce on Friday. The softer dollar and fall in US bond yields have supported gold prices to trade up," according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app