India News | Gold Jumps Rs 231; Silver Rallies Rs 585
Get latest articles and stories on India at LatestLY. Gold in the national capital on Friday jumped Rs 231 to Rs 50,608 per 10 grams in line with a jump in global precious metal prices, according to HDFC Securities.
New Delhi, May 20 (PTI) Gold in the national capital on Friday jumped Rs 231 to Rs 50,608 per 10 grams in line with a jump in global precious metal prices, according to HDFC Securities.
In the previous trade, the precious metal finished at Rs 50,377 per 10 grams.
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Silver also rallied Rs 585 to Rs 61,657 per kg from Rs 61,072 per kg in the previous trade.
In the international market, gold was trading higher at USD 1,845 per ounce and silver was flat at USD 21.92 per ounce.
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"Gold prices traded firm with spot gold prices at COMEX trading 0.23 per cent up at USD 1,845 per ounce on Friday. Gold prices kept firm trading with dollar decline and fall in US bond yields," said Tapan Patel, Senior Analyst (Commodities), HDFC Securities.
(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)