You are here: Home » Markets » Commodities » Precious Metals
Business Standard

Gold continues to witness muted trend, precious metal closes at Rs 38,792

Silver prices declined by Rs 65 to Rs 45,485 per kg against the previous close of Rs 45,550, HDFC Securities said

Press Trust of India  |  New Delhi 

Compare price movement of precious metals before investing: Analysts
The spot rupee was trading around 11 paise weaker against the dollar during the day.

Gold witnessed muted trend for the third consecutive day as prices rose marginally by Rs 12 to Rs 38,804 per 10 gram on Thursday, according to

The precious metal had closed at Rs 38,792 per 10 gram on Wednesday.

Senior Analyst (Commodities) Tapan Patel said spot gold for 24 karat in Delhi was trading higher by Rs 12 amid steady global while the rupee depreciation supported prices to trade firm.

The spot rupee was trading around 11 paise weaker against the dollar during the day, he added.

declined by Rs 65 to Rs 45,485 per kg against the previous close of Rs 45,550, said.

In the international market, both gold and silver showed flat trend. Gold was quoting marginally higher at USD 1,475.50 per ounce and silver traded slightly lower at USD 16.94 per ounce.

"have kept the upper trading range despite easing worries over the US-China trade deal as investors are still awaiting further clarity and fresh triggers from key economic data," he added.

First Published: Thu, December 19 2019. 16:25 IST
RECOMMENDED FOR YOU