Gold witnessed muted trading on October 15, rising marginally higher by ₹5 to ₹39,105 per 10 gram in the national capital as a weaker rupee kept the downside limited, according to HDFC Securities.
“Spot gold prices for 24 Karat in Delhi were trading marginally up by ₹5 at ₹39,105 as weaker rupee kept the downside limited. Spot rupee was trading 10 paise weaker against the dollar during the day,” Tapan Patel, senior analyst - commodities, HDFC Securities said.
The yellow metal had closed at ₹39,100 per 10 gram in the previous trade in New Delhi.
Silver, however, fell by ₹91 to ₹46,809 per kilogram from ₹46,900 per kilogram on October 14.
In the global market, gold was trading higher at $1,493.30 an ounce, while silver too firmed up at $17.62 per ounce.
“International gold prices were trading firm for the day on rising doubts over first phase of U.S.-China trade deal after China signalled to hold more discussions before signing the agreement,” Mr. Patel said.
