Gold on Thursday gained Rs 31 to Rs 40,718 per 10 gram in the national capital amid sharp rupee depreciation, according to HDFC Securities.
On Wednesday, it had closed at Rs 40,687 per 10 gram.
Silver, however, declined by Rs 190 to Rs 35,444 per kg against the previous close of Rs 35,634 per kg.
"Spot gold for 24 Karat in Delhi were trading up by Rs 31 thanks to sharp rupee depreciation and steady international gold prices," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
In the international market, both gold and silver were trading flat at USD 1,482 per ounce and USD 11.97 per ounce, respectively.
Meanwhile, the domestic equity market continued to trade weak, with its BSE benchmark index trading over 500 points lower minutes before the final closing.
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