Bullion prices rally on bullish overseas mkts

New Delhi: Gold price jumped Rs1,130 to Rs62,950 per 10 grams in the national capital on Thursday amid strong trends in the global markets, according to HDFC Securities. The precious metal had ended at Rs61,820 per 10 grams in the previous close. Silver also rallied Rs2,350 to Rs77,400 per kilogram, while it had closed at Rs75,050 per kg in the previous trade. HDFC Securities’ senior analyst of commodities Saumil Gandhi said gold prices surged on Thursday in the Delhi markets trading at Rs62,950/10 grams, up by Rs1,130, following a bullish trend in the overseas markets. In the futures trade, the February contract of gold climbed Rs1,381 to Rs62,580 per 10 grams on the MCX, while the March contract of silver bounced Rs3,393 to Rs74,925 per kilogram.