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Gold rises Rs 90; silver zooms Rs 800
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Silver also zoomed Rs 800 to Rs 75,300 per kilogram.
«Gold gained for the second consecutive day on Wednesday, with spot gold prices in the Delhi markets trading at Rs 59,500/10 grams, up by Rs 90, taking positive cues from overseas markets,» Saumil Gandhi, Senior Analyst — Commodities at HDFC Securities, said.
In the international markets, gold and silver were up at USD 1,903 per ounce and USD 23.75 per ounce, respectively.
«Gold and silver continue to inch higher, amidst a slight pullback in US dollar and treasury yields ahead of a central bankers' gathering that could provide cues on interest rates outlook,» Navneet Damani, Senior Vice President — Commodity Research at Motilal Oswal Financial Services, said.
About this in other media
Gold Rate Today: Gold prices in India up as dollar retreats. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities economictimes.indiatimes.com /8 months ago
Gold falls Rs 100; silver plunges Rs 400 economictimes.indiatimes.com /8 months ago
Gold Rate Today: Gold prices in India in red amid gains in greenback. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities economictimes.indiatimes.com /8 months ago
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