India News | Gold Trades Almost Flat; Silver Gains Rs 332
Get latest articles and stories on India at LatestLY. Gold in the national capital on Wednesday traded almost flat at Rs 49,254 per 10 grams, capping gains with rupee appreciation, according to HDFC Securities.
New Delhi, Feb 16 (PTI) Gold in the national capital on Wednesday traded almost flat at Rs 49,254 per 10 grams, capping gains with rupee appreciation, according to HDFC Securities.
In the previous trade, the precious metal settled at Rs 49,253 per 10 grams.
Silver gained Rs 332 to Rs 63,157 per kg, from Rs 62,825 per kg in the previous trade.
The Indian rupee closed 25 paise higher at 75.07 (provisional) against the US dollar on Wednesday.
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In the international market, gold was trading 0.24 per cent up at USD 1,857 per ounce. Silver was trading marginally up at USD 23.52 per ounce.
"Spot gold prices for 24 carat gold at Delhi were up by Re 1 capping gains with rupee appreciation," Tapan Patel, senior analyst (commodities) of HDFC Securities, said. HRS hrs
(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)