May 14, 2021

Gold rises marginally, silver down by Rs 259

Gold costs rose marginally by Rs 21 to Rs 49,644 per 10 gram within the nationwide capital on Friday, reflecting in a single day beneficial properties within the worldwide market, in keeping with HDFC Securities.

The valuable metallic had closed at Rs 49,623 per 10 gram within the earlier commerce.

Silver costs, then again, declined Rs 259 to Rs 66,784 per kilogram from its earlier shut of Rs 67,043 per kilogram.

“Spot gold costs for 24 karat in Delhi have been buying and selling marginally up by Rs 21, reflecting in a single day beneficial properties in COMEX (US-based commodity change) gold costs,” HDFC Securities Senior Analyst (Commodities) Tapan Patel stated.

He added that gold costs stored a agency buying and selling vary on US stimulus expectations by this week as lawmakers are in remaining negotiations for the aid package deal.

Within the worldwide market, gold was buying and selling weaker at USD 1,879 per ounce, whereas silver was quoting decrease at USD 25.71 per ounce.