New Delhi: Gold costs gained Rs 188 to Rs 51,220 per 10 gram on Wednesday within the nationwide capital amid rupee depreciation, in keeping with HDFC Securities.
The dear steel had closed at Rs 51,032 per 10 gram within the earlier commerce.
Silver additionally rose Rs 342 to Rs 62,712 per kilogram, from Rs 62,370 per kilogram within the earlier commerce.
“Gold costs in India traded larger for the day with spot gold costs for twenty-four karat in Delhi rising by Rs 188 on a pointy rupee depreciation,” HDFC Securities Senior Analyst (Commodities) Tapan Patel mentioned.
The rupee depreciated 16 paise and settled at 73.87 in opposition to the US greenback on Wednesday as heavy promoting within the home fairness market and strengthening American forex weighed on investor sentiment.
Within the worldwide market, gold dipped marginally to USD 1,906.70 per ounce and silver was flat at USD 24.45 per ounce.