New Delhi: Gold weakened by Rs 210 to Rs 51,963 per 10 grams in the local bullion market after a weakening trend in international markets and an improvement in the value of the rupee. Information in this regard has been provided by HDFC Securities. In the last trading session, gold had closed at Rs 52,173 per 10 grams.

Silver is also trading at Rs 65,178 per kg with a weakness of Rs 1,077. Silver had closed at Rs 66,255 per kg in the previous trading session. HDFC Securities Senior Analyst (Commodities) Tapan Patel said, "The 24-carat gold spot in Delhi continued to fall and it has declined by Rs 210 due to rupee gains and international selling." Motilal Oswal Financial Navneet Damani, vice-president of services (commodities research), said that "optimism about the prospects of the corona vaccine and positive signs emanating from US-China officials has aroused enthusiasm for the economy, which is why the continued decline in gold Is visible

On Wednesday, the rupee gained three paise to close at 74.30 per dollar due to the strengthening of the domestic stock market and continued investment by foreign funds. Gold was declining in the global market at $ 1,918 an ounce, while silver was at $ 26.45 an ounce. Patel said that gold has registered a fall on Wednesday, due to rising expectations about the Corona vaccine and cooling off of US-China trade tension.

Petrol prices raises again, no change in diesel

Gold loan interest rate may increase due to rising price of gold

Are 2000 rupee notes going to be closed? RBI gave a big statement