New Delhi | Jagran Business Desk: Gold price in the national capital on Friday gained Rs 93 to Rs 47,005 per 10 grams, in line with a jump in prices of international precious metal along with rupee depreciation, according to HDFC Securities.

In the previous trade, the precious metal settled at Rs 46,912 per 10 grams.

Silver also jumped Rs 59 to Rs 61,005 per kg from Rs 60,946 per kg in the previous trade.

The Indian rupee declined by 26 paise to close at 74.16 against the US dollar on Friday.

In the international market, gold was trading with gains at USD 1,826 per ounce and silver was flat at USD 23.19 per ounce.

"Gold prices traded firm with spot gold prices at COMEX trading 0.21 per cent up at USD 1,826 per ounce on Friday," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

Updates from Thursday:

Gold price in the national capital on Thursday jumped Rs 119 to Rs 46,919 per 10 grams, reflecting a rally in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 46,800 per 10 gram.

Silver also moved up by Rs 745 to Rs 60,777 per kg from Rs 60,032 per kg in the previous trade. In the international market, gold was trading with gains at USD 1,827 per ounce and silver was flat at USD 23.15 per ounce.

Updates from Wednesday:

Gold prices on Wednesday rose Rs 43 to Rs 47,732 per 10 grams in the futures trade as speculators created fresh positions amid a firm spot demand.

On the Multi Commodity Exchange, gold contracts for the February delivery traded higher by Rs 43, or 0.09 per cent, to Rs 47,732 per 10 grams in a business turnover of 6,630 lots.

Participants created fresh positions, leading to a rise in gold futures, analysts said. Globally, gold prices traded 0.16 per cent lower at USD 1,815.60 per ounce in New York.

Meanwhile, Silver futures on Wednesday eased by Rs 4 to Rs 61,099 per kg as participants reduced their bets on low demand.

On the Multi Commodity Exchange, silver contracts for the March delivery declined Rs 4, or 0.01 per cent, to Rs 61,099 per kg in a business turnover of 15,196 lots. The metal traded lower by 0.45 per cent at USD 22.71 per ounce in New York.  

Updates from Tuesday:

Gold price in the national capital on Tuesday jumped Rs 104 to Rs 46,606 per 10 grams, in line with a rally in international precious metal prices, according to HDFC Securities.

In the previous trade, the precious metal settled at Rs 46,502 per 10 grams.

Silver also gained Rs 408 to Rs 59,700 per kg from Rs 59,292 per kg in the previous trade.
In the international market, gold was trading with gains at USD 1,809 per ounce and silver was flat at USD 22.63 per ounce.

"Gold prices traded firm with spot gold prices at COMEX trading half a per cent up at USD 1,809 per ounce on Tuesday. Gold prices traded higher with prices reclaiming USD 1,800 territory supported by weaker dollar and decline in US bond yields," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

Gold Prices, Monday, Jan 10 Highlights

Gold in the national capital on Monday declined Rs 54 to settle at Rs 46,448 per 10 grams in line with weak international precious metal prices along with rupee appreciation, according to HDFC Securities.

The precious metal settled at Rs 46,502 per 10 grams in the previous trade.

Silver also dipped by Rs 178 to Rs 59,217 per kg, from Rs 59,395 per kg in the previous trade.

The rupee surged 31 paise to close at 74.03 (provisional) against the US dollar on Monday. It appreciated by 18 paise to 74.16 against the US dollar in the opening trade.

In the international market, gold was trading lower at USD 1,794 per ounce and silver was flat at USD 22.28 per ounce.

"Gold prices traded down with spot gold prices at COMEX trading at USD 1,794 per ounce on Monday. Gold prices traded under pressure on firm dollar and strong US bond yields," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

Posted By: Mukul Sharma