Gold rose by Rs 129; Silver falls by Rs 120
According to HDFC Securities, gold on Tuesday rose by Rs 129 to Rs 46,286 per 10 grams in the national capital amid rising international prices of the precious metal and depreciating rupee. The precious metal had closed at Rs 46,157 per 10 grams in the previous trade.
Conversely, silver fell by Rs 120 to Rs 60,369 per kg from Rs 60,489 per kg in the previous trade.
The Indian rupee declined by 6 paise to close at 75.42 against the US dollar in early trade on Tuesday.
In the international market, gold was trading higher at $ 1,757 an ounce and silver was flat at $ 22.56 an ounce.
According to Tapan Patel, Senior Analyst (Commodities), HDFC Securities, “COMEX trading rose 0.19 per cent to $1,757 an ounce on firm gold prices.”
(with PTI input)
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