Gold prices soared ₹187 to ₹39,053 per 10 gram in the national capital on December 23 following a rally in international prices and rupee depreciation, according to HDFC Securities.
On Saturday, the precious metal had closed at ₹38,866 per 10 gram.
Spot gold for 24 Karat in Delhi was trading higher by ₹187 with rally in international prices and rupee depreciation, HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
The rupee was trading around 5 paise weaker against the dollar during the day, he added.
Silver also jumped ₹495 to ₹46,499 per kg compared to the previous close of ₹46,004 per kg.
In the international market, gold was trading higher at $1,484 per ounce, while silver was quoting at $17.36 per ounce.
“Gold prices traded higher as investors rushed for safer assets against prevailing market uncertainty ahead of Christmas holidays,” Mr. Patel added.
