Gold prices rose by Rs 32 to Rs 40,590 per 10 gram in the national capital on Friday amid rupee depreciation and strong global prices.
In the previous trade, the yellow metal had closed at Rs 40,558 per 10 gram.
Silver prices also gained Rs 116 to Rs 47,756 per kg as compared to Thursday's close of Rs 47,640 per kg.
"Spot gold for 24 Karat in Delhi was trading higher by Rs 32 on rupee depreciation and strong global prices. Spot rupee was trading around 14 paise weaker against the dollar during the day," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
In early trade on Friday, the rupee opened on a cautious note and fell 7 paise to 71.00 against the US dollar.
In the international market, gold and silver were trading in the green at USD 1,555 per ounce and USD 18.02 per ounce, respectively.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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