ET Markets
12,129.5073.7
Stock Analysis, IPO, Mutual Funds, Bonds & More

Gold prices up marginally by Rs 15

In the previous trade, the precious metal had closed at Rs 38,980 per 10 gram.

PTI|
Last Updated: Nov 14, 2019, 03.48 PM IST|Original: Nov 14, 2019, 03.48 PM IST
0Comments
Agencies
India gold smuggling slowed by election seizures of cash, bullion
In the international market, both gold and silver were trading higher at $1,466.50 per ounce and $16.97 per ounce, respectively.
Gold prices on Thursday witnessed a marginal rise of Rs 15 to Rs 38,995 per 10 gram in the national capital as rupee appreciation limited the upside, according to HDFC Securities.

In the previous trade, the precious metal had closed at Rs 38,980 per 10 gram.

"Spot gold prices for 24 Karat in Delhi were trading up by Rs 15 and the upside was limited on rupee appreciation. The spot rupee was trading 16 paise stronger against the dollar during the day," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

Silver prices also gained Rs 50 to Rs 45,726 per kg from Rs 45,676 per kg.

In the international market, both gold and silver were trading higher at $1,466.50 per ounce and $16.97 per ounce, respectively.

"Bullion prices traded firm on Thursday, maintaining positive trading for the third consecutive day on the US-China trade deal worries," he added.

The worsening protests in Hong Kong and weak industrial production data from China also supported gold prices, he said.

Also Read

Gold prices fall Rs 420 on stronger rupee

Gold prices rise slightly on soft dollar

Gold prices inch lower as markets eye ECB decision

Gold prices inch down as markets eye ECB decision

Gold prices rangebound as strong US data fuels risk-on sentiment

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service