New Delhi: Gold prices rose Rs 389 to Rs 48,866 per 10 gram in the national capital on Monday, in line with the rise in global price of the precious metal and rupee depreciation, according to HDFC Securities.
In the previous trade, the yellow metal had closed at Rs 48,477 per 10 gram.
Silver prices also jumped Rs 1,137 to Rs 64,726 per kilogram from Rs 63,589 per kilogram in the previous trade.
The rupee depreciated 24 paise to 73.48 against the US dollar in the opening trade on Monday.
In the international market, gold was trading in the green at USD 1,853 per ounce, while silver was quoting flat at USD 25.14 per ounce.
“Gold prices rebounded from the lows made on Friday despite of stronger dollar as worries over rising coronavirus cases boosted buying in yellow metal,” HDFC Securities Senior Analyst (Commodities) Tapan Patel said. (PTI)
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
Arthritis drug no better than standard care for severe COVID-19, says study
India asks WhatsApp to withdraw changes to privacy policy
People shouldn’t hesitate to get vaccinated, listen to scientists: Delhi’s 1st COVID patient
COVID-19 ICU patients at risk of acute brain dysfunction, says study
COVID-19 vaccine race: Where they stand currently
Petrol, diesel prices touch all-time highs
MNS urges RBI to set up panel to resolve transporters’ woes
Rupee edges 4 paise lower to 73.03 against USD in early trade
Rupee rises 13 paise to 73.15 against US dollar in early trade
Download 10Cric Casino app, and enjoy Indias most popular casino games, directly on your mobile!
Gamble with real money online! Play Indias favourite casino games at 7Jackpots.com, Indias most trusted online casino site.
© 2020 State Times Daily Newspaper | Powered by Ideogram Technology Solutions [P] Ltd.