Gold Price Today: Gold rises Rs 278; silver jumps Rs 265

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New Delhi:

Gold Price today: In the national capital, gold (Gold Price) rose by Rs 278 to Rs 46,013 per 10 grams. The improvement in prices in the international market gave a boost to the domestic bullion market. According to HDFC Securities, there has been a spurt in the value of the precious metal due to the rise in the exchange rate of the rupee against the US dollar. Gold closed at Rs 45,735 per 10 grams in previous trade. According to HDFC Securities, the silver price also rose by Rs 265 to Rs 68,587 per kg. In the previous trading day, the price of silver had closed at Rs 68,322.

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HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “The spot price of 24-carat gold in Delhi strengthened by Rs 278. Despite the rise in the exchange rate of the rupee, gold rose in the domestic market due to rising prices of the precious metal in the global markets.

The rupee exchange rate rose 16 paise to 72.49 against the US dollar on Monday. In the international market, gold was quoted at $ 1,774 an ounce while silver was quoted at $ 26.94 an ounce.

(This news has not been edited by the NewsBust team. It is published directly from the Syndicate feed.)

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