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Gold flat, silver climbs Rs300
image for illustrative purpose
New Delhi: Gold price remained flat at Rs61,210 per 10 grams in the national capital on Thursday, according to HDFC Securities.
However, silver climbed Rs300 to Rs75,300 per kilogram. In the previous trade, it had settled at Rs75,000 per kg. In the global markets, gold was slightly down at $1,967 per ounce, while silver was quoting higher at $23.50 per ounce. “Gold trading within the previous day’s range amid US macro data pointed to signs of resilience in the American economy that could affect the Federal Reserve’s monetary policy interest rate path,” said Saumil Gandhi, senior analyst (commodities), HDFC Securities.