scorecardresearchGold rises ₹604; price of silver jumps ₹2,061

Gold rises 604; price of silver jumps 2,061

Updated: 04 Nov 2022, 04:50 PM IST
TL;DR.
In the international market, gold was trading in green at USD 1,648 per ounce, while silver was up at USD 19.81 per ounce.
Gold vs Silver

Gold vs Silver

(PTI) Gold price in the national capital rose 604 to 50,869 per 10 grams on Friday, amid strong global trends, according to HDFC Securities.

In the previous trade, the precious metal had touched 50,265 per 10 grams.

Silver also jumped 2,061 to 59,477 per kilogram.

"Gold and silver prices posted some gains after yesterday's fall, amidst a steady Dollar and as market participants await US jobs market data," said Navneet Damani, Senior VP – Commodity Research at Motilal Oswal Financial Services.

In the international market, gold was trading in green at USD 1,648 per ounce, while silver was up at USD 19.81 per ounce.

"COMEX gold surges after touching the six-week low on Thursday amid a surge in buying in China have helped prevent steeper declines," said Dilip Parmar, Research Analyst at HDFC Securities. 

First Published: 04 Nov 2022, 03:37 PM IST