Amid positive aspects in abroad valuable steel prices, Gold prices rose Rs 80 to Rs 59,030 per 10 grams in the nationwide capital on Friday. According to HDFC Securities, the yellow steel had settled at Rs 58,950 per 10 grams in the earlier commerce. Silver, nevertheless, tumbled Rs 550 to Rs 70,700 per kilogramme.
“Gold slightly recovered from three-month lows on Friday, with spot gold prices in the Delhi markets trading at Rs 59,030/10 grams, up by Rs 80 per 10 grams,” Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities, mentioned.
In the worldwide markets, gold was buying and selling increased at USD 1,906 per ounce whereas silver was down at USD 22.46 per ounce.Â
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Rupee closes flat at 82.03 towards greenbackÂ
Meanwhile, the rupee closed flat at 82.03 (provisional) towards the US greenback in a restricted commerce on Friday amid a rally in the home equities and agency crude oil prices.
While FII inflows into equities supported the rupee, a agency US greenback in international markets and positive aspects in crude oil prices capped its positive aspects, analysts mentioned.
The rupee opened weak at 82.05 on the interbank international change market on account of agency crude oil prices in the Asian commerce. It moved in a decent vary of 82.00 to 82.07 in the day commerce. The native unit settled flat at 82.03 (provisional) towards the US greenback.
(With PTI inputs)Â