Gold, silver gain on supportive global trends

Gold in the national capital on Thursday rose by 237 to ₹47,994 per 10 gram helped by supportive global trends, according to HDFC Securities.

In the previous trade, the precious metal had closed at ₹47,757 per 10 gram.

Silver also moved higher by ₹153 to ₹71,421 per kilogram from ₹71,268 per kilogram in the previous trade.

In the international market, gold was trading higher at $1,874 per ounce and silver was flat at $27.80 per ounce.

“The rising virus cases in Asia also boosted buying in gold despite of stronger dollar,” according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.


Source

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