New Delhi | Jagran Business Desk: Gold price in the national capital on Wednesday declined by Rs 216 to Rs 47,010 per 10 gram in tandem with the decline in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 47,226 per 10 gram.

Silver also tanked Rs 179 to Rs 61,348 per kg from Rs 61,527 per kg in the previous trade.

In the international market, gold was trading lower at USD 1,804 per ounce and silver was flat at USD 23.07 per ounce.

"Gold prices traded weak with spot gold prices at COMEX trading at USD 1,804 per ounce on Wednesday. A stronger dollar also kept the pressure on the precious metal for the day," HDFC Securities, Senior Analyst (Commodities), Tapan Patel said.

December 28 Updates:

Gold price in the national capital on Tuesday gained Rs 80 to Rs 47,233 per 10 gram in line with the recovery in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 47,153 per 10 grams. Silver also jumped Rs 580 to Rs 61,266 per kg from Rs 60,686 per kg in the previous trade.

In the international market, gold was trading with gains at USD 1,814 per ounce and silver was flat at USD 23.07 per ounce. "Gold prices traded firm with spot gold prices at COMEX trading at USD 1,814 per ounce on Tuesday. Gold prices traded higher supported by weaker dollar and fall in US bond yields," HDFC Securities, Senior Analyst (Commodities), Tapan Patel said. The Indian rupee jumped 34 paise to close at 74.66 against the US dollar.

December 27 Updates: 

Gold prices rose by Rs 18 to Rs 47,175 per 10 gram on Monday following firm global cues, according to HDFC Securities. In the previous trade, gold prices had settled at Rs 47,157 per 10 gram. Silver prices tanked by Rs 342 to Rs 60,710 per kg from Rs 61,052 per kg in the previous trade. In the international market, gold was trading higher at USD 1,809 per ounce and silver was flat at USD 22.75 per ounce.

"Gold prices traded firm with spot gold prices at COMEX trading at USD 1,809 per ounce on Monday. Gold prices are trading marginally up on mixed global cues," HDFC Securities, Senior Analyst (Commodities), Tapan Patel was quoted as saying by news agency PTI.

Posted By: Mukul Sharma