Gold rose ₹877 to ₹50,619 per 10 gram in the national capital on January 4 in line with gains in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at ₹49,742 per 10 gram.
Silver also gained ₹2,012 to ₹69,454 per kg, from ₹67,442 per kg in the previous trade.
In the international market, gold was quoting higher at $1,935 per ounce and silver was also trading in the green at $27.30 per ounce.
“Gold prices surged on a dollar decline,” said HDFC Securities Senior Analyst (Commodities) Tapan Patel.
