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

SC Hears PIL For Implementation Of National Education Policy In 3 States

A PIL was filed in the SC, requesting the implementation of the National Education Policy…

7 mins ago

India’s Services Sector Sees Strong Growth In February; Hiring Surges

India’s services sector saw strong growth in Feb, driven by rising demand, higher output, and…

8 mins ago

PM Modi To Attend Lakhpati Didi Program In Navsari On International Women’s Day

On International Women’s Day, PM Modi will attend the Lakhpati Didi program in Navsari, where…

41 mins ago

SC Grants Relief To Tamil Nadu Deputy CM Udhayanidhi Stalin In Controversial Remarks Case

SC has granted relief to Tamil Nadu Deputy CM Stalin, halting the registration of a…

1 hour ago

SC To Hear Review Petition On ED’s Powers Under Prevention Of Money Laundering Act

The review petition, submitted by several petitioners, challenges the constitutional validity of key provisions under…

2 hours ago

Delhi HC Criticizes Leniency In Wildlife Act Sentencing; Upholds Minimum Penalty

The Delhi High Court has criticized giving less than the minimum sentence prescribed under the…

3 hours ago