Gold climbs ₹ 97; silver declines ₹ 275

April 09, 2021 03:56 pm | Updated 03:56 pm IST

File photo for representation.

File photo for representation.

New Delhi Gold prices gained ₹ 97 to ₹ 46,257 per 10 gram in the national capital on Friday supported by rupee depreciation, according to HDFC Securities.

In the previous trade, the precious metal had closed the day at ₹ 46,160 per 10 gram.

In contrast, silver dipped ₹ 275 to ₹ 66,253 per kg, from ₹ 66,528 per kg in the previous trade.

"Spot gold prices for 24 karat in Delhi were up by ₹ 97 supported by rupee depreciation," said HDFC Securities Senior Analyst (Commodities) Tapan Patel.

The rupee depreciated 17 paise to 74.75 against the US dollar in opening trade on Friday.

In the international market, gold was quoting lower at USD 1,745 per ounce and silver was flat at USD 25.15 per ounce.

"Gold prices witnessed some profit-booking with dollar gain," he added.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.