Home NewsCommodities News silver rate today: Gold jumps Rs 594/10 gms; silver rallies Rs 998/kg

silver rate today: Gold jumps Rs 594/10 gms; silver rallies Rs 998/kg

by WOOWinvest
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silver rate today: Gold jumps Rs 594/10 gms; silver rallies Rs 998/kg


NEW DELHI: Gold prices in the nation’s capital rose 594 rupees to 50,341 rupees per 10 grams on Friday, according to securities firms, reflecting gains in international precious metal prices. In the previous session, gold settled at Rs 49,747 per 10 grams.

Silver also surged by Rs 998 to Rs 55,164 per kg from Rs 54,166 in the previous session.

“Spot gold prices for 24-karat gold in Delhi rose by Rs 594 per 10 grams as global gold prices rose and safe-haven demand,” said Dilip Parmar, research analyst at HDFC Securities.

In international markets, gold rose to $1,718 an ounce, while silver was flat at $18.81 an ounce.

Parmar added that gold prices had seen buying in the previous session on a weaker dollar and gains in stock indexes.

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