Gold rises ₹50, silver plunges ₹400; check rates here

(PTI) Gold price gained ₹50 to ₹57,400 per 10 grams in the national capital on Friday amid a rise in precious metal prices internationally, according to HDFC Securities.

In the previous trade, the yellow metal had ended at ₹57,350 per 10 grams.

However, silver plunged ₹400 to ₹70,900 per kilogram.

Gold prices recovered from a recent low amid pullbacks in the US dollar and 10-year Treasury yields, Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.

In the overseas markets, gold was up at USD 1,822 per ounce, while silver was quoting lower at USD 20.95 per ounce.

Meanwhile, traders are looking ahead to US labour data which is due later today, Gandhi said.