NEW DELHI: Gold in the national capital declined by Rs 147 to Rs 44,081 per 10 gram on Friday amid rupee appreciation and overnight selling in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 44,228 per 10 gram.

In contrast, silver rose by Rs 1,036 to Rs 64,276 per kilogram from Rs 63,240 per kilogram in the previous trade.

The rupee appreciated by 14 paise to 72.48 against the US dollar in opening trade on Friday.

In the international market, gold was trading marginally lower at $1,726 per ounce and silver was flat at $25.14 per ounce.

“Gold prices witnessed selling on stronger dollar,” according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

Articles You May Like

S&P and NASDAQ close lower on the week after sharp declines today
Gold’s nemesis dollar, triggers Rs 2,800 fall from peak. Is there a silver lining?
Sterling Takes a Hard Hit Following CPI; FOMC Dot Plot Awaited
EUR/CHF: Acceptance of higher levels amongst SNB members should rise again – Commerzbank
US stocks move to new session lows as European traders look to exit