Gold and Silver Prices rise, know new rates

Feb 14 2020 05:47 PM
Gold and Silver Prices rise, know new rates

In the bullion market, gold has been recorded on Friday. Gold has recorded a surge of Rs 75 on Friday. With this rapid increase in price, the price of gold in the national capital Delhi has gone up to Rs 41,481 per 10 grams. According to HDFC Securities, this increase in gold prices has been recorded due to the fall in the rupee. Significantly, gold had closed at Rs 41,406 per 10 grams on Thursday. According to HDFC Securities Senior Analyst (Commodity) Tapan Patel, the 24-carat gold price in Delhi has also recorded a jump of Rs 75.

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He said that this increase in gold has been observed due to the fall in the rupee. Along with gold, the price of silver is also rising on Friday. Silver gained Rs 147 on Friday, besides silver rose to Rs 47,036 per kg. It is being told that silver had closed at Rs 46,889 per kg on Thursday. Talking about the Indian rupee, it was trading at a low of two paise to 71.33 against a dollar in early trade on Friday. 

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Talking about the international market, both gold and silver remained almost stable on Friday. Gold was trending at $ 1,575.80 an ounce and silver at $ 17.69 an ounce. In addition to the futures market, gold futures were trading up by 0.05 percent or Rs 19 to Rs 40675 per 10 grams on MCX exchange at around 4:30 pm on Friday.

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