Bullion prices surge on global cues
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New Delhi: Gold prices jumped Rs280 to Rs64,200 per 10 grams in the national capital on Tuesday amid strong global cues and depreciation in rupee, according to HDFC Securities. In the previous close, the precious metal had closed at Rs63,920 per 10 grams, while silver rose Rs300 to Rs78,800 per kilogram. “The domestic gold prices traded higher following weaker rupee and stronger international gold prices,” Dilip Parmar, research analyst at HDFC Securities, said. In the futures trade, February contract of gold advanced Rs208 to Rs63,528 per 10 grams on the MCX. Also, March contract of silver rallied Rs405 to Rs74,795 per kilogram on the bourse. In the overseas markets, gold and silver were quoting higher at $2,073 per ounce and $24 per ounce, respectively.
