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Gold Price Today: Gold rises Rs 297; silver jumps Rs 1,404

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Image Source : PTI Gold rises Rs 297; silver jumps Rs 1,404
Gold costs jumped for the second consecutive day gaining Rs 297 to Rs 48,946 per 10 gram within the nationwide capital on Tuesday, consistent with rally in worldwide valuable steel costs, in line with HDFC Securities.  In the earlier commerce, the dear steel had closed at Rs 48,649 per 10 gram.

Silver additionally gained Rs 1,404 to Rs 65,380 per kg, from Rs 63,976 per kg within the earlier commerce.

In the worldwide market, each gold and silver had been buying and selling within the inexperienced at USD 1,858 per ounce and USD 25.39 per ounce, respectively.

“Gold prices gained strength as investors turned cautious over rising coronavirus cases across the world. The revisited pandemic fears raised concerns over economic recovery which boosted buying in bullion prices,” mentioned HDFC Securities Senior Analyst (Commodities) Tapan Patel.

(With PTI Inputs)
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