Gold Rate: Gold prices on Thursday rose by Rs 133 to Rs 50,907 per 10 grams in the Delhi bullion market due to the fall in the value of the rupee. HDFC Securities gave this information. Due to this, gold had closed at Rs 50,774 per 10 grams in the previous trading session. Silver also rose by Rs 273 to Rs 61,535 per kg. Silver had closed at Rs 61,262 per kg in the previous trading session.
Slight decline in international market
The rupee on Thursday declined by eight paise to 77.76 (provisional) against the dollar in the forex market due to rise in crude oil prices and continuous outflow of foreign investors from capital markets. In the international market, gold fell marginally to USD 1,850 an ounce, while silver remained almost unchanged at USD 21.95 an ounce. HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “The spot price of gold was down 0.15 per cent on Thursday at New York-based Commodity Exchange-Comex.
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