scorecardresearchGold jumps ₹506, silver zooms ₹1,374; check rates here

Gold jumps 506, silver zooms 1,374; check rates here

Updated: 03 Jan 2023, 07:35 PM IST
TL;DR.
In the overseas market, gold was trading in green at USD 1,843 per ounce while silver was up at USD 24.37 per ounce.
In the overseas market, gold was trading in green at USD 1,843 per ounce while silver was up at USD 24.37 per ounce.

In the overseas market, gold was trading in green at USD 1,843 per ounce while silver was up at USD 24.37 per ounce.

(PTI) Gold price in the national capital jumped 506 to 55,940 per 10 grams on Tuesday amid a rally in prices of the precious metal internationally, according to HDFC Securities.

The yellow metal had touched 55,434 per 10 grams in the previous trade.

Silver also zoomed to 1,374 to 71,224 per kilogram.

"Comex spot gold price have resumed trading on a positive note in early Asian hours on Tuesday. Safe haven demand pushed yellow metal's price higher," said an analyst at HDFC Securities.

In the overseas market, gold was trading in green at USD 1,843 per ounce while silver was up at USD 24.37 per ounce.

"Gold prices inched higher hitting a six-month high as market's attention turn to minutes from the US Federal Reserve's latest policy meeting, due this week. Minutes from the Fed's December policy meeting are due on Wednesday, which could offer hints on the central bank's tightening path," Navneet Damani, Senior VP – Commodity Research at Motilal Oswal Financial Services, said.

 

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First Published: 03 Jan 2023, 07:35 PM IST