India News | Gold, Silver Rise Marginally
Get latest articles and stories on India at LatestLY. Gold prices rose marginally by Rs 17 to Rs 48,257 per 10 gram in the national capital on Thursday, according to HDFC Securities.
New Delhi, Nov 26 (PTI) Gold prices rose marginally by Rs 17 to Rs 48,257 per 10 gram in the national capital on Thursday, according to HDFC Securities.
In the previous trade, the precious metal had closed at Rs 48,240 per 10 gram.
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Silver prices also gained Rs 28 to Rs 59,513 per kilogram from Rs 59,485 per kilogram in the previous trade.
"Spot gold prices for 24 carat in Delhi were marginally up by Rs 17 limiting upside on rupee appreciation," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
In the international market, gold was trading with gains at USD 1,815 per ounce, while silver was quoting flat at USD 23.42 per ounce.
"Gold prices witnessed some short recovery on holiday shortened week as US markets are closed today on Thanksgiving as investors turned cautious over vaccine progress and stimulus hopes," Patel added.
(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)