India News | BIZ-GOLD-PRICE Gold Gains Rs 153 on Global Cues
Get latest articles and stories on India at LatestLY. Gold prices on Friday gained Rs 153 to Rs 48,144 per 10 gram in the national capital on positive global cues and rupee depreciation, according to HDFC Securities.
New Delhi, Jun 12 (PTI) Gold prices on Friday gained Rs 153 to Rs 48,144 per 10 gram in the national capital on positive global cues and rupee depreciation, according to HDFC Securities.
The yellow metal had closed at Rs 47,991 per 10 gram in the previous trade.
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"Spot gold for 24 carat in Delhi was trading up by Rs 153 on positive international gold prices and rupee depreciation," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
The rupee settled 5 paise lower at 75.84 (provisional) against the US dollar on Friday as volatile domestic equities and sustained foreign fund outflows weighed on investor sentiment.
Silver prices, however, declined Rs 665 to Rs 49,235 per kg from Rs 49,900 per kg in the previous trade.
In the international market, gold was trading with gains at USD 1,734 per ounce, while silver was flat at USD 17.62 per ounce.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)