Gold costs soar Rs 477, silver rises by Rs 26

Gold costs soar Rs 477, silver rises by Rs 26

New Delhi: Gold costs jumped Rs 477 to Rs 48,190 per 10 gram on Thursday within the nationwide capital, in line with HDFC Securities.

The valuable steel had closed at Rs 47,713 per 10 gram on Wednesday.

“Spot gold prices for 24 carat in Delhi traded up by Rs 477 on rupee depreciation,” HDFC Securities Senior Analyst (Commodities) Tapan Patel stated.

The rupee depreciated 20 paise to provisionally shut at 75.79 towards the US greenback on Thursday as strengthening US greenback and weak home equities weighed on investor sentiment.

In the meantime, silver costs rose by Rs 26 to Rs 49,868 per kg from Rs 49,842 per kg within the earlier commerce.

Within the worldwide market, gold was quoting decrease at USD 1,735 per ounce and silver at USD 17.86 per ounce.

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