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Precious metals gain on weaker greenback
Weakening Gold gains Rs 69; silver jumps Rs 251
image for illustrative purpose
New Delhi: Gold in the national capital on Monday gained Rs 69 to Rs 46,408 per 10 grams in line with firm global trends. In the previous trade, the precious metal had closed at Rs 46,339 per 10 gram. Silver also jumped Rs 251 to Rs 69,035 per kg, from Rs 68,784 per kg in the previous trade.
In the international market, gold was trading higher at $1,793 per ounce and silver was flat at $26.60 per ounce. Tapan Patel, senior analyst (commodities) at HDFC Securities, said: "The decline in dollar index boosted buying in gold for the day."
