Gold rises Rs 205; silver declines Rs 30

| | New Delhi
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Gold rises Rs 205; silver declines Rs 30

Saturday, 31 December 2022 | PTI | New Delhi

Gold prices rose by Rs 205 to Rs 55,210 per 10 grams in the national capital on Friday amid positive global trends, according to HDFC Securities.

The precious metal had touched Rs 55,005 per 10 grams in the previous trade.

Silver, however, declined by Rs 30 to Rs 69,698 per kg.

“COMEX gold heads for a second weekly gain after US job data eased concern that a hot labour market would lead to hawkish Fed,” an analyst at HDFC Securities said.

In the overseas market, gold was trading in green at $1,817.4 per ounce while silver was marginally down at $ 23.83 per ounce.

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