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Gold Rate Today: Gold rises Rs 43, silver jumps Rs 209

Gold prices on Thursday rose by Rs 43 to Rs 40,458 per 10 gram in the national capital on rupee depreciation, according to HDFC Securities.

PTI PTI
New Delhi Updated on: January 16, 2020 16:26 IST
Gold Rate Today: Gold rises Rs 43, silver jumps Rs 209

Gold Rate Today: Gold rises Rs 43, silver jumps Rs 209

Gold prices on Thursday rose by Rs 43 to Rs 40,458 per 10 gram in the national capital on rupee depreciation, according to HDFC Securities. The precious metal had on Wednesday closed at Rs 40,415 per 10 gram. Silver also jumped Rs 209 to Rs 47,406 per kg as compared to Rs 47,197 per kg in the previous trade. "Spot gold for 24 Karat in Delhi rose by Rs 43 on rupee depreciation while expectation of higher spot demand post Makar Sankranti also lifted market sentiments," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

In the international market, gold and silver were trading flat at USD 1,553 per ounce and USD 17.87 per ounce, respectively.

Market benchmark Sensex on Thursday scaled the 42,000 mark for the first time ever and Nifty hit its record peak in opening session tracking positive cues from global equities after the US and China signed initial trade deal.

Also Read: Gold Rate Today: Gold prices decline Rs 236 on global selling, stronger rupee

Also Read: Have gold at home? This is how much you can keep without fearing Income Tax department

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