New Delhi: Gold costs rose by Rs 185 to Rs 54,678 per 10 gram within the nationwide capital on Monday amid rupee depreciation, in keeping with HDFC Securities.
Within the earlier commerce, the yellow metallic had closed at Rs 54,493 per 10 gram.
Silver additionally jumped Rs 1,672 to Rs 66,742 per kg from Rs 65,070 per kg within the earlier commerce.
“Spot gold value for 24 carat in Delhi was buying and selling up by Rs 185 with rupee depreciation,” HDFC Securities Senior Analyst (Commodities) Tapan Patel mentioned.
The rupee plunged 20 paise and settled under the 75 per US greenback stage on Monday, monitoring detrimental home equities and strengthening American foreign money.
Within the worldwide market, gold was buying and selling decrease at USD 1,973 per ounce, whereas silver was flat at USD 24.30 per ounce.