Gold prices in the national capital surged by Rs 250 to reach Rs 63,750 per 10 grams on Tuesday, aligning with a strong trend observed in global markets, as reported by HDFC Securities. In the previous trading session, the precious metal had concluded at Rs 63,500 per 10 grams.
Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities, commented, “Gold prices saw an uptick on Tuesday, with spot gold rates in Delhi markets increasing by Rs 250, in tandem with a bullish trend in international markets.”
Also Read: Rupee Slips 3 Paise, Closes at 83.19 Against US Dollar
Silver prices also saw an upward movement, rising by Rs 350 to hit Rs 79,450 per kilogram from the earlier rate of Rs 79,100 per kg in the previous trade.
On the global front, the price of gold surged to USD 2,062 per ounce, up from USD 2,052 per ounce recorded in the previous trade. Meanwhile, silver experienced a marginal uptick, reaching USD 24.34 per ounce.
Elaborating on the international scenario, Saumil Gandhi added that spot gold at Comex was trading at USD 2,062 per ounce, marking an increase of USD 10 from the previous closing value.
Maharashtra Chief Minister Devendra Fadnavis met director Vishal Chaturvedi and the Hanuman Ansh team at…
Congress backs Mamata Banerjee’s faction over the symbol dispute but rules out an electoral alliance…
OpenAI has launched Astra for Law, targeting legal research, drafting and custom applications as AI…
Tamil Nadu reports rising dengue infections after monsoon onset, prompting intensified mosquito control, surveillance and…
India delivered 11 tonnes of essential relief material to Nepal as its ninth special flight…
ABVP’s Yash Dabas won the DUSU presidency as the student organisation secured three of four…