new Delhi: According to HDFC Securities, gold prices rose by Rs 378 to Rs 56,130 per 10 grams in the national capital on Wednesday amid a rise in the precious metal prices globally. In the previous trade, the yellow metal had closed at Rs 55,752 per 10 grams.
Silver, however, declined by Rs 147 to close at Rs 70,675 per kg. “Comex spot gold prices traded higher in early Asian hours on Wednesday,” said an analyst at HDFC Securities. ,Also read: Invest once in this scheme of SBI, will get monthly returns; Check Return Calculator, Interest Rate, Other Key Details,
In the overseas market, gold was trading higher at $1,859 an ounce, while silver remained flat at $24.24 an ounce. ,Also Read: Amul Franchisee Business Idea: Invest Rs 2 Lakh, Make Profit Up To Rs 5 Lakh Per Month,
“Gold continues to trade positively around its six-week high amid fall in dollar index.
Navneet Damani, senior VP of commodity research at Motilal Oswal Financial Services, said investors are awaiting minutes from the Federal Reserve’s December policy meeting that could signal a tighter path for the US central bank.