Gold, silver prices moving in divergent ways

New Delhi: Gold climbed Rs100 to Rs63,050 per 10 grams in the national capital on Friday amid rise in precious metal prices in the overseas markets, according to HDFC Securities. In the previous trade, the precious metal had finished at Rs62,950 per 10 grams. However, silver declined Rs200 to Rs77,100 per kilogram. In global markets, gold was up at $2,032 per ounce, while silver was trading lower at $23.80 per ounce. Spot gold at Comex was trading at $2,032 per ounce, up $1 from its previous close. “Gold prices fluctuated in a narrow range as traders avoided directional bets ahead of US employment data that may prove key in shaping bets for the Federal Reserve’s monetary policy,” said Saumil Gandhi, senior analyst (commodities) at HDFC Securities