19 C
Monday, December 11, 2023

Gold climbs Rs 370; silver zooms Rs 750 amid strong global trends

- Advertisement -
- Advertisement -

NEW DELHI, May 15 (PTI): Gold prices climbed Rs 370 to Rs 61,350 per 10 grams in the national capital on Monday amid a global rally in the precious metal, according to HDFC Securities.

The yellow metal had ended at Rs 60,980 per 10 grams in the previous trade.

- Advertisement -

Silver also zoomed by Rs 750 to Rs 74,350 per kg.

“Spot gold prices in the Delhi markets traded at Rs 61,350 per 10 grams, up Rs 370 per 10 grams,” Saumil Gandhi, senior analyst – Commodities at HDFC Securities, said.

In the overseas market, both gold and silver were trading higher at USD 2,023 per ounce and USD 24.26 per ounce, respectively.

Comex gold traded higher in Asian trading hours on Monday as precious metal prices were supported by safe-haven demand amid mounting fears over the US debt-ceiling crisis and banking sector crisis, Gandhi said.

- Advertisement -
The Hills Times
The Hills Timeshttps://thehillstimes.in/
The Hills Times, a largely circulated English daily published from Diphu and printed in Guwahati, having vast readership in hills districts of Assam, and neighbouring Nagaland, Meghalaya, Arunachal Pradesh and Manipur
Latest news
- Advertisement -
Related news
- Advertisement -
8 Breathtaking Mountain Passes for Bikers in India The Glorious Heritage of Majuli Satras Scenic Hill Stations To Visit In Arunachal Pradesh This Winter 7 Beautiful Birds Of Kaziranga Shillong Is Prettiest This Time Of Year; Here’s Proof