Gold jumps Rs 730, silver zooms Rs 1,520

News

NEW DELHI: Gold prices jumped Rs 730 to Rs 53,691 per 10 grams in the national capital on Friday amid the rupee depreciation, according to HDFC Securities. In the previous trade, gold had closed at Rs 52,961 per 10 grams.

Silver also gained Rs 1,520 to Rs 70,500 per kg, from Rs 68,980 per kg in the previous trade.

The rupee settled 6 paise lower at 74.90 (provisional) against the dollar on Friday tracking weak domestic equities.

However, in the international market, gold was trading marginally lower at $1,951 per ounce and silver at $26.91 per ounce.

“Gold prices traded volatile on Friday,” HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

Articles You May Like

New year, new ‘gold’: How to invest in yellow metal in 2025
USDJPY tests the rising 100 hour MA in early US trading. Key barometer in the short term
EUR/USD kicks off 2025 with a fresh move to the downside
Judge orders Trump to appear for sentencing on January 10 in hush money criminal case
The winners and the losers of the 2024 trading year

Leave a Reply

Your email address will not be published. Required fields are marked *