Gold & Silver

Gold rises ₹31; silver declines by ₹190

PTI New Delhi | Updated on March 19, 2020

Gold on Thursday gained ₹31 to ₹40,718 per 10 gram in the national capital amid sharp rupee depreciation, according to HDFC Securities. On Wednesday, it had closed at ₹40,687 per 10 gram.

Silver, however, declined by ₹190 to ₹35,444 per kg against the previous close of ₹35,634 per kg. “Spot gold for 24 Karat in Delhi were trading up by ₹31 thanks to sharp rupee depreciation and steady international gold prices,” HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

In the international market, both gold and silver were trading flat at USD 1,482 per ounce and USD 11.97 per ounce, respectively. Meanwhile, the domestic equity market continued to trade weak, with its BSE benchmark index trading over 500 points lower minutes before the final closing.

Published on March 19, 2020

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