Gold jumps ₹440; silver declines ₹360
The Hindu
Gold prices jumped ₹440 to ₹60,580 per 10 grams in the national capital on April 25 amid gains in precious metal prices globally, according to HDFC Securities.
Gold prices jumped ₹440 to ₹60,580 per 10 grams in the national capital on April 25 amid gains in precious metal prices globally, according to HDFC Securities. The precious metal had closed at ₹60,140 per 10 grams in the previous trade. Silver, however, declined ₹360 to ₹75,240 per kg.
"Spot gold prices in the Delhi markets traded at ₹60,580 per 10 grams, up ₹440 per 10 grams," Saumil Gandhi, Senior Analyst — Commodities at HDFC Securities, said.
In the international market, gold was trading higher at $1,988.80 per ounce and silver was marginally down at $25.01 per ounce.
"Gold is trading steady after posting gains in the early morning session, helped by a softer dollar. However, investors are looking forward to further U.S. economic data due this week to gauge the Federal Reserve's next policy move," Navneet Damani, Senior VP – Commodity Research at Motilal Oswal Financial Services, said.
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