Gold Climbs INR 250; Silver Tumbles INR 500 - Eastern Mirror
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Gold climbs INR 250; silver tumbles INR 500

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By PTI Updated: Feb 19, 2024 5:59 pm
Gold climbs INR 250; silver tumbles INR 500

NEW DELHI — Gold prices climbed INR 250 to INR 62,800 per 10 grams in the national capital on Monday amid a rise in the precious metal’s prices in the global markets, according to HDFC Securities.

In the previous close, the yellow metal had ended at INR 62,550 per 10 grams.

However, silver tumbled INR 500 to INR 76,000 per kilogram.

“Spot gold prices (24 carats) in the Delhi markets are trading at INR 62,800 per 10 grams, up INR 250, taking a positive trend from overseas markets,” Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.

In the international markets, spot gold at Comex was trading at USD 2,020 per ounce, up USD 7 from the previous close.

However, silver was quoting lower at USD 23.09 per ounce, while it had closed at USD 23.39 per ounce in the previous trade.

Gold traded higher in the European trading session on Monday, helped by safe haven demand, Gandhi added.

Also read: Sovereign Gold Bonds to be issued from Feb. 12-16

6092
By PTI Updated: Feb 19, 2024 5:59:29 pm
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