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Gold prices fell by Rs 395 to Rs 55,540 per 10 grams in the national capital on Friday amid a firm global trend. In the last trading session, gold had closed at Rs 55,145 per 10 grams. However, silver declined by Rs 115 to close at Rs 62,095 per kg.
Saumil Gandhi, Senior Analyst, HDFC Securities, said, “The spot gold price in the Delhi market was trading at Rs 55,540 per 10 grams, up by Rs 395.” In the international market, gold rose to $ 1,833 an ounce. While the price of silver declined to $ 20.09 an ounce.
silver futures fall
Silver prices on Thursday declined by Rs 173 to Rs 61,811 per kg in futures trade as participants offloaded positions amid weak demand at the spot market. On the Multi Commodity Exchange, silver for delivery in May declined by Rs 173, or 0.28 per cent, to Rs 61,811 per kg. There was a turnover of 18,058 lots.
Gold futures rise
Gold prices on Friday rose by Rs 113 to Rs 55,414 per 10 gram in futures trade as speculators reduced their positions due to weak demand in the spot market. On the Multi Commodity Exchange, the contract for delivery in April rose by Rs 113, or 0.2 per cent, to Rs 55,414 per 10 grams. There was a turnover of 9,435 lots.
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