Gold prices jump from Rs 112 to Rs 47,050; Silver drops 203 rupees – News Couple

Gold prices jump from Rs 112 to Rs 47,050; Silver drops 203 rupees

Gold in the national capital on Thursday rose 112 rupees to 47,050 rupees per 10 grams in line with the recovery in international precious metal prices, according to HDFC Securities.

In the previous trade, the precious metal had settled at Rs 46,938 per 10 grams.

In contrast, silver fell by Rs 203 to Rs 63,767 per kilogram from Rs 63,970 per kilogram in the previous trade.

In the international market, gold was trading higher at $1,803 an ounce and silver settled at $24.12 an ounce.

“Gold prices recovered to pare previous losses with lower US bond yields and global signal conflict,” according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

(The title and image for this report may have been reworked only by the Business Standard staff; the rest of the content is automatically generated from a shared feed.)

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