Gold prices fell by Rs 80 to Rs 40,554 per 10 gram in the national capital on Friday amid muted international trend and a stronger rupee, according to HDFC Securities.
On Thursday, the yellow metal had closed at Rs 40,634 per 10 gram.
Silver also declined by Rs 200 to Rs 47,695 per kg from Rs 47,895 per kg in the previous trade.
HDFC Securities Head - Advisory (PCG) Devarsh Vakil said, "Gold prices traded with minor loss as appetite for risk is back with higher equities and lower international gold prices. Strength in rupee also weighed on domestic gold prices."
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