Gold increases by ₹ 224; money earn ₹ 620

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Gold prices rose from ₹ 224 to ₹ 52,672 per 10 grams in the nation’s capital on Friday, in line with the strength of international precious metal prices, according to HDFC Securities.

The precious metal had closed at ₹ 52.448 per 10 grams in the previous trade.

Silver also rose ₹ 620 to ₹ 69,841 per kg, from the previous close of ₹ 69,221 per kg.

“24k gold spot prices in Delhi rose by ₹ 224 in line with the strength of international prices limiting the appreciation of the rupee,” said Tapan Patel, senior analyst at HDFC Securities (commodities).

The rupee strengthened 21 points to close at 73.45 against the dollar on Friday as the weakness in the US dollar and positive domestic stocks supported investor sentiment.

In the international market, gold traded with gains of $ 1,954 per ounce and silver held steady at $ 27.13 per ounce.

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