scorecardresearchGold jumps ₹455, silver climbs ₹500; check rates here

Gold jumps 455, silver climbs 500; check rates here

Updated: 31 May 2023, 04:12 PM IST
TL;DR.

In the overseas markets, both gold and silver were trading higher at USD 1,958 per ounce and USD 23.23 per ounce, respectively.

Tax benefits on Sovereign Gold Bonds accrue only when they are held till maturity. (File Photo)

Tax benefits on Sovereign Gold Bonds accrue only when they are held till maturity. (File Photo)

(PTI) Gold prices jumped by 455 to 60,400 per 10 grams in the national capital on Wednesday amid strong global trends, according to HDFC Securities.

In the previous trade, the precious metal had finished at 59,945 per 10 grams.

Silver also climbed 500 to 72,750 per kg.

"Spot gold prices in the Delhi markets traded at 60,400/10 grams, up 455 per 10 grams," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.

In the overseas markets, both gold and silver were trading higher at USD 1,958 per ounce and USD 23.23 per ounce, respectively.

Gold prices edged higher in Asian trading hours on Wednesday as US bond yields retreated from the recent peak which is supportive for the metal, Gandhi said.

 

First Published: 31 May 2023, 04:10 PM IST