Dynamite News Bullion Market: Gold rises Rs 594/10 gms; silver surges by Rs 998/kg
In the international market, gold was trading higher at USD 1,718 per ounce, while silver was flat at USD 18.81 per ounce. Read more on Dynamite News:
New Delhi: Gold in the national capital on Friday jumped by Rs 594 to Rs 50,341 per 10 grams, reflecting a rise in international precious metal prices, according to HDFC Securities.
In the previous trade, the yellow metal settled at Rs 49,747 per 10 grams.
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Silver also rose by Rs 998 leading to Rs 55,164 per kg from Rs 54,166 per kg in the previous trade.
"Spot gold prices for 24-carat gold in Delhi climbed by Rs 594 per 10 grams in line with rising global gold prices and haven demand," said Dilip Parmar, Research Analyst at HDFC Securities.
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In the international market, gold was trading higher at USD 1,718 per ounce, while silver was flat at USD 18.81 per ounce.