Gold rises Rs 179; silver gains Rs 826
Gold prices rose by Rs 179 to Rs 47,452 per 10 gram in the national capital on Monday helped by strong buying in the global precious metal, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 47,273 per 10 gram. Silver prices also jumped Rs 826 to Rs 71,541 per kg, from Rs 70,715 per kg in the previous trade.
In the international market, gold was trading with gains at USD 1,836 per ounce and silver was flat at USD 27.65 per ounce.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said, "Gold prices traded higher on weaker dollar and fall in the US bond yields."
(With PTI Inputs)
