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Gold, silver rally reflecting global recovery

Silver also rallied Rs 1,302 to Rs 69,511 per kilogram from Rs 68,209 per kilogram in the previous trade.

Published: 06th May 2021 05:08 PM  |   Last Updated: 06th May 2021 05:08 PM   |  A+A-

Gold ornaments on display at a jewellery shop in Kochi | A Sanesh

By PTI

NEW DELHI: Gold in the national capital on Thursday rose by Rs 439 to Rs 46,680 per 10 gram reflecting recovery in global precious metal prices, according to HDFC Securities.

In the previous trade, the metal had closed at Rs 46,241 per 10 gram.

Silver also rallied Rs 1,302 to Rs 69,511 per kilogram from Rs 68,209 per kilogram in the previous trade.

In the international market, gold was trading with gains at USD 1,792 per ounce and silver was trading flat at USD 26.72 per ounce.

"Gold prices got support from weaker dollar as traders and investors are waiting key US data," according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel. 



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