 "Gold, silver prices rise marginally as rupee falls 11 paise against dollar")
Gold prices appreciated by Rs 38 to Rs 39,892 per 10 gram in the national capital on Thursday, mainly supported by weaker rupee, according to HDFC Securities.
On the first day of the new year trade, the yellow metal had closed at Rs 39,854 per 10 gram.
Silver prices also gained by Rs 21 to Rs 47,781 per kg, compared to Rs 47,760 per kg in the previous trade.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said spot gold for 24 karat in Delhi were trading marginally up by Rs 38 supported by weaker rupee.
The rupee fell 11 paise to 71.33 against the US dollar (intra-day).
In the global market, gold quoted at $1,520 per ounce and silver at $17.85 per ounce.
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