Markets

Gold prices fall ₹208; silver up by ₹602

Gold prices on Wednesday fell by ₹ 208 to ₹ 44,768 per 10 gm in the national capital, in line with bleak trend in the international market, according to HDFC Securities.

The precious metal had closed at ₹ 44,976 per 10 grams in the previous trading session.

Silver, on the other hand, rose by ₹ 602 to ₹ 68,194 per kg as compared with the previous close of ₹ 67,592 per kg.

HDFC Securities Senior Analyst (Commodities) Tapan Patel, "Spot prices for 24 karat gold in Delhi fell by ₹ 208 in line with decline in global gold prices and rupee appreciation." The rupee was trading around 45 paise stronger against the dollar during the day, he added.

In the international market, gold was trading lower at $ 1,730 an ounce and silver was also marginally down at $ 26.68 an ounce.

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Printable version | Apr 12, 2021 1:37:07 AM | https://www.thehindu.com/business/markets/gold-prices-fall-208-silver-up-by-602/article33979372.ece

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