In the international market, gold was trading in red.
In the international market, gold was trading in red.
Gold price in the national capital fell by ₹105 to ₹50,889 per 10 grams on Friday amid weak global trends, according to HDFC Securities.
In the previous trade, the precious metal had closed at ₹50,994 per 10 grams.
Silver, however, gained ₹21 to ₹58,336 per kg from ₹58,315 per kg.
The rupee appreciated 4 paise to 82.29 against the U.S. dollar in early trade on Friday, supported by a weak greenback in the overseas market and positive domestic equities.
In the international market, gold was trading in red at $1,653.25 per ounce while silver was flat at $19.34 per ounce.
“COMEX spot gold was last quoted at $1,653.25 an ounce which is lower than the previous close as the dollar rebounded after Bank of Japan and ECB policy decisions,” said Dilip Parmar, Research Analyst at HDFC Securities.
