Gold rises by Rs 340, silver jumps Rs 1,306

Gold costs rose by Rs 340 to Rs 53,611 per 10 gram within the nationwide capital on Monday, in keeping with agency worldwide pattern, in accordance with HDFC Securities. Within the earlier commerce, the dear steel had closed at Rs 53,271 per 10 gram.
Silver additionally witnessed elevated shopping for and gained Rs 1,306 to Rs 69,820 per kg from Rs 68,514 per kg within the earlier commerce.
“Spot gold costs for twenty-four carat in Delhi rose by Rs 340 with agency worldwide gold costs,” HDFC Securities Senior Analyst (Commodities) Tapan Patel mentioned.
Within the worldwide market, gold rallied to USD 1,954 per ounce, whereas silver was buying and selling with marginal positive aspects at USD 26.81 per ounce.
“Gold costs traded greater on Monday on worries over world financial progress,” Patel added.
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