Snippets Column

Gold jumps Rs 280; silver bounces Rs 300

Gold prices jumped Rs 280 to Rs 64,200 per 10 grams in the national capital on Tuesday amid strong global cues and depreciation in rupee, according to HDFC Securities.  In the previous close, the precious metal had closed at Rs 63,920 per 10 grams, while silver rose Rs 300 to Rs 78,800 per kilogram.

“The domestic gold prices traded higher following weaker rupee and stronger international gold prices,” Dilip Parmar, research analyst at HDFC Securities, said. In the futures trade, February contract of gold advanced Rs 208 to Rs 63,528 per 10 grams on the MCX. Also, March contract of silver rallied Rs 405 to Rs 74,795 per kilogram on the bourse. In the overseas markets, gold and silver were quoting higher at USD 2,073 per ounce and USD 24 per ounce, respectively.

Srushti Sharma

Recent Posts

PM Modi: NDA Government Has Redefined Women-Led Development Over 11 Years

Marking 11 years of the NDA govt at the Centre, PM Modi stated that women-led…

5 mins ago

Team India Begins Training In England Ahead Of Test Series Opener

Team India, led by new captain Shubman Gill, has commenced training in England ahead of…

28 mins ago

Five Districts In Manipur Face Internet Shutdown Following Unrest

Manipur suspended internet in five districts for five days after protests over arrest of a…

3 hours ago

Shashi Tharoor Criticises Pakistan: “In Pakistan You Get Rewarded For Promoting Terrorism”

Shashi Tharoor condemns Pakistan’s treatment of Dr Shakil Afridi, who helped the US locate Osama…

3 hours ago

How To Read Food Labels & Make Smarter Grocery Choices

Reading food labels helps you make informed, healthier choices by understanding nutrition facts & picking…

3 hours ago

JP Nadda Slams Rahul Gandhi’s ‘Match-Fixing’ Claims As ‘Desperation Of Losing’ Polls

Rahul Gandhi's opinion piece appeared in a national daily and sparked political uproar. Opposition parties…

16 hours ago