Bullion prices continue to shine on global cues
Gold prices jumped Rs300 to Rs60,100 per 10 grams in the national capital on Wednesday amid strong global cues, according to HDFC Securities.
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New Delhi: Gold prices jumped Rs300 to Rs60,100 per 10 grams in the national capital on Wednesday amid strong global cues, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs59,800 per 10 grams. Silver also bounced Rs400 to Rs77,500 per kg. “Gold advanced on Wednesday, with spot gold prices in the Delhi markets trading at Rs60,100/10 gram, up by Rs300 following positive cues from overseas markets.
“In the global markets, both gold and silver were trading higher at $1,936 per ounce and $24.60 per ounce, respectively. Gold rallied to its three-week highs as the dollar and treasury yields slipped amidst weak economic data points,” said Navneet Damani, senior vice-president of commodity research at Motilal Oswal Financial Services.
