Home NewsCommodities News gold price today: Gold gains Rs 255; silver zooms Rs 1,610

gold price today: Gold gains Rs 255; silver zooms Rs 1,610

by WOOWinvest
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gold price today: Gold gains Rs 255; silver zooms Rs 1,610


In New Delhi, gold prices rose 255 rupees to 51,783 rupees per 10 grams, in line with strong global cues, according to securities firms. In previous trades, the precious metal settled at Rs 51,528 per 10 grams.

Silver also surged by Rs 1,610 to Rs 58,387 per kg from Rs 56,777 in the previous session.

In international markets, gold rose to $1,762 an ounce, while silver was flat at $20.10 an ounce.

“Gold prices rose on safe-haven buying after the U.S. economy was technically in recession and GDP contracted for a second straight month,” said Tapan Patel, senior analyst (commodities) at HDFC Securities.

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