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Gold jumps Rs 730, silver zooms Rs 1,520
NEW DELHI: Gold costs jumped Rs 730 to Rs 53,691 per 10 grams within the nationwide capital on Friday amid the rupee depreciation, in response to HDFC Securities. Within the earlier trade, gold had closed at Rs 52,961 per 10 grams.
Silver additionally gained Rs 1,520 to Rs 70,500 per kg, from Rs 68,980 per kg within the earlier trade.
The rupee settled 6 paise decrease at 74.90 (provisional) in opposition to the greenback on Friday monitoring weak home equities.
Nonetheless, within the worldwide market, gold was trading marginally decrease at $1,951 per ounce and silver at $26.91 per ounce.
“Gold costs traded unstable on Friday,” HDFC Securities Senior Analyst (Commodities) Tapan Patel stated.