New Delhi Mar 25 PTI Gold rose by Rs 30 to Rs 51827 per 10 grams in the national capital on Friday following overnight gains in the precious metal in global markets according to HDFC Securities In the previous trade gold settled at Rs 51797 per 10 grams Silver also spurted by Rs 596 to Rs 69089 per kg from Rs 68493 per kg in the previous trade on industrial demand In the international market both gold and silver were trading flat at USD 1956 per ounce and USD 2554 per ounce respectively Gold prices traded steady with spot gold prices at COMEX trading at USD 1956 per ounce on Friday said Tapan Patel Senior Analyst Commodities HDFC Securities According to Navneet Damani Senior VP Commodities Research Motilal Oswal Financial Services Gold is on course for a third weekly gain in four as the Russia-Ukraine conflict escalated while the spike in oil prices this week increased demand for bullion as a safe-haven asset and an inflation hedge PTI SUM MR MR
New Delhi Sep 22 PTI Gold rose by Rs 196 to Rs 45746 per 10 gram in the national capital on Wednesday amid firm global cues and rupee depreciation according to HDFC Securities In the previous trade the precious metal had settled at Rs 45550 per 10 gram Silver jumped Rs 319 to Rs 59608 per kg from Rs 59289 per kg in the previous trade The rupee depreciated by 26 paise to 7387 against the US dollar on Wednesday In the international market gold was trading in the green at USD 1776 per ounce and silver was flat at USD 2272 per ounce The speculation ahead of the US FOMC Federal Open Market Committee and uncertainty over Chinas Evergrande crisis has sent mixed cues to the market boosting buying in bullion according to HDFC Securities Senior Analyst Commodities Tapan Patel Navneet Damani VP Commodities Research Motilal Oswal Financial Services said Bullions edged higher as unease over Chinas Evergrande insolvency and OECDs lower growth forecast for 2021 spurred safe-haven buying ahead of the US Fed policy meet PTI SUM MR MR
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