Gold costs declined marginally by Rs 16 to Rs 49,484 per 10 gram within the nationwide capital on Wednesday amid a stronger rupee, based on HDFC Securities. Within the earlier commerce, the valuable metallic had closed at Rs 49,500 per 10 gram. Nevertheless, silver costs gained Rs 205 to Rs 67,673 per kilogram from its earlier shut of Rs 67,468 per kilogram.
The rupee appreciated by 9 paise to 73.33 in opposition to the US greenback in opening commerce on Wednesday.
Within the worldwide market, Gold was quoting marginally up at USD 1,879 per ounce, and silver was flat at USD 26.22 per ounce.
“Gold costs gained because the greenback index fell from yesterday. Worries over financial restoration on pandemic fears have supported bullion costs to commerce agency,” based on HDFC Securities, Senior Analyst (Commodities), Tapan Patel.
(With PTI Inputs)
Newest Enterprise Information