Gold jumps Rs 350; silver bounces Rs 600

New Delhi: Gold and silver prices jumped in the national capital on Friday amid strong trends in the overseas markets, according to HDFC Securities.

The precious metal prices rose by Rs350 to Rs72,850 per 10 grams. It had closed at Rs72,500 per 10 grams in the previous session.

Silver prices also jumped Rs 600 to Rs 84,700 per kg. In the previous close, it had finished at Rs 84,100 per kg. “Spot gold prices (24 carats) in the Delhi markets are trading at Rs 72,850 per 10 grams, up by Rs 350, taking bullish cues from overseas markets,” Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said.