Gold and silver prices this week. , Photo Credit: PTI
Gold prices rose by Rs 160 to Rs 55,940 per 10 grams in the national capital on Friday amid a rise in the prices of the precious metal in overseas markets, according to HDFC Securities.
The yellow metal had closed at Rs 55,780 per 10 grams in the previous trade.
Silver also advanced by Rs 220 to Rs 64,700 per kg.
“Comex gold prices edged higher in Asian trading hours on Friday,” said Saumil Gandhi, Senior Analyst – Commodities, HDFC Securities.
In the international markets, gold and silver prices rose to $ 1,843 an ounce and $ 21.03 an ounce.
“Gold was trading in the green tracking in overseas markets. However, gains were capped on Friday on strengthening of the rupee against the dollar,” said Sriram Iyer, Senior Research Analyst, Reliance Securities.