Gold falls, silver climbs
image for illustrative purpose
New Delhi: Gold price declined Rs150 to Rs57,350 per 10 grams in the national capital on Thursday amid a fall in the yellow metal prices globally, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs57,500 per 10 grams. However, silver climbed Rs300 to Rs71,300 per kg. “Gold traded negative on Thursday, with spot gold prices (24 carats) in the Delhi markets trading at Rs57,350/10 grams, down by Rs150 against its previous close,” said Saumil Gandhi, senior analyst of commodities at HDFC Securities.
In the international markets, gold was down at $1,820 per ounce, while silver was trading higher at $21.15 per ounce. Comex gold prices consolidated their lowest level since March amid mixed cues, Gandhi said. Meanwhile, in futures trade, the December contract of gold fell Rs7 to Rs56,714 per 10 grams. Also, December contract of silver jumped Rs387 to Rs67,272 per kg on the MCX.
