Gold, silver prices remain flat
Gold prices remained flat at Rs60,000 per 10 grams in the national capital on Tuesday, according to HDFC Securities.
image for illustrative purpose
New Delhi: Gold prices remained flat at Rs60,000 per 10 grams in the national capital on Tuesday, according to HDFC Securities. Silver also ruled flat at Rs74,400 per kg in line with global trends ahead of inflation data. “Gold traded flat on Tuesday, with spot gold prices (24 carats) in the Delhi markets trading flat at Rs60,000 /10 grams, unchanged from its previous close,” said Saumil Gandhi, senior analyst of commodities at HDFC Securities.
In the global market, gold was quoting lower at $1,922 per ounce, while silver was flat at $23.12 per ounce ahead of the US consumer inflation data for August. Gold stuck in range as traders awaited a US Consumer Price Index (CPI) report due midweek, which will help inform the outlook on the Federal Reserve’s interest-rate path, Gandhi said.
