Gold rises Rs 100; silver remains flat

News
Gold price rose by Rs 100 to Rs 60,150 per 10 grams in the national capital on Friday amid strong cues in the overseas markets, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 60,050 per 10 grams.

However, silver remained flat at Rs 74,100 per kilogram.

In the global markets, gold was trading higher at USD 1,923 per ounce while silver was flat at USD 23.02 per ounce.
“Gold prices rose on Friday on the back of safe-haven demand and a pullback in Treasury yields,” Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

Top Trending Stocks: Sensex Today Live, SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

Articles You May Like

‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September
Bitcoin technical analysis: Where you can bet on making money (wait for these junctions!)
Forexlive Americas FX news wrap 12 Jul: PPI not as friendly as the CPI
Wells Fargo shares tumble after net interest income falls short of estimates
Delta shares fall as a glut of flights drives down fares despite high demand