Wednesday, March 22, 2023

Gold marginally higher; silver jumps Rs 224

Gold prices in the national capital on Thursday inched up marginally by Rs 9 to Rs 51,568 per 10 grams in line with firm trend in international precious metal prices and rupee depreciation, according to HDFC Securities.
On Wednesday, the yellow metal finished at Rs 51,559 per 10 grams.
Silver jumped Rs 224 to Rs 66,139 per kg from Rs 65,915 per kg in the previous trade.
The rupee declined 11 paise to close at 75.95 (provisional) against the US dollar on Thursday as the hawkish stance of the US Federal Reserve affected investor sentiments in global markets and bolstered the American currency.
In the international market, gold was trading in the green at USD 1,926 per ounce and silver was flat at USD 24.28 per ounce.
“Gold prices traded firm with spot gold prices at COMEX trading at USD 1,926 per ounce on Thursday,” Retail Research Analyst at HDFC Securities Dilip Parmar said.


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