scorecardresearchGold jumps ₹434; silver rallies by ₹918

Gold jumps 434; silver rallies by 918

Updated: 02 Jun 2022, 04:06 PM IST
TL;DR.
In the international market, gold was trading higher at USD 1,852 per ounce and silver also traded marginally up at USD 22 per ounce.
FILE PHOTO: A woman looks at gold jewelleries as she stands outside a jewellery shop in Istanbul, Turkey December 20, 2021. REUTERS/Dilara Senkaya

FILE PHOTO: A woman looks at gold jewelleries as she stands outside a jewellery shop in Istanbul, Turkey December 20, 2021. REUTERS/Dilara Senkaya

(PTI) Gold in the national capital on Thursday jumped 434 to 50,887 per 10 grams, supported by rally in the yellow metal prices in the international markets along with rupee depreciation, according to HDFC securities.

In the previous trade, the precious metal finished at 50,453 per 10 grams.

Silver also rallied by 918 to 61,776 per kg from 60,858 per kg in the previous trade.

The rupee depreciated by 10 paise to close at 77.60 (provisional) against the US dollar on Thursday.

In the international market, gold was trading higher at USD 1,852 per ounce and silver also traded marginally up at USD 22 per ounce.

"Gold prices traded firm with spot gold prices at COMEX trading 0.32 per cent up at USD 1,852 per ounce on Thursday. Gold prices traded up witnessing recovery on weaker dollar," said Tapan Patel, Senior Analyst (Commodities) at HDFC securities. 

First Published: 02 Jun 2022, 04:06 PM IST