Image Source : PTI Gold rises marginally by Rs 39, silver positive aspects Rs 36
Gold costs rose marginally by Rs 39 to Rs 49,610 per 10 gram within the nationwide capital on Tuesday, persevering with the upside for the third consecutive day, in keeping with the rally in worldwide costs of the valuable steel, based on HDFC Securities. In the earlier commerce, the yellow steel had closed at Rs 49,571 per 10 gram.
Silver costs additionally gained marginally, rising by Rs 36 to Rs 68,156 per kilogram from Rs 68,120 per kilogram within the earlier commerce.
“Spot gold price for 24 carat in Delhi was up Rs 39, continuing the upside for the third day in line with recovery in COMEX gold prices, while stronger rupee has kept upside limited,” HDFC Securities Senior Analyst (Commodities) Tapan Patel stated.
The rupee added one other 11 paise to commerce at 73.38 towards the US greenback within the opening session on Tuesday.
In the worldwide market, gold was buying and selling increased at USD 1,883 per ounce, whereas silver was quoting flat at USD 26.26 per ounce.
Navneet Damani, VP – Commodities Research at Motilal Oswal Financial Services, stated, “Gold prices rose on Tuesday as the dollar eased.”
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