Gold rises Rs 100; silver rallies Rs 870 amid strong global cues

| | New Delhi
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Gold rises Rs 100; silver rallies Rs 870 amid strong global cues

Tuesday, 09 July 2024 | PTI | New Delhi

Gold prices rose Rs 100 to Rs 73,410 per 10 grams in the national capital on Monday in line with strong global trend, according to HDFC Securities.

The precious metal closed at Rs 73,310 per 10 grams in the previous session.

Silver prices also rallied Rs 870 to Rs 94,270 per kg. It had settled at Rs 93,400 per kg in the previous session.

“In Delhi markets, spot gold prices (24 carats) are quoted at Rs 73,410 per 10 grams, up by Rs 100 from the Friday’s afternoon price.

“Gold prices at Multi Commodity Exchange (MCX) traded lower amid risk-averse sentiment and profit booking after surging in the week gone by,” Dilip Parmar, Research Analyst at HDFC Securities, said.

In the international markets, spot gold at Comex was USD 2,373 per ounce, up USD 10 per ounce from the previous close.

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