Gold Price Rises By Rs 185, Silver By Rs 1,672

The rupee plunged 20 paise and settled below 75 per U.S. dollar level on August 3, tracking negative domestic equities and strengthening American currency

Post By : IJ News Service On 04 August 2020 2:43 PM

Gold prices rose by ₹185 to ₹54,678 per 10 gram in the national capital on August 3 amid rupee depreciation, according to HDFC Securities. In the previous trade, the yellow metal had closed at ₹54,493 per 10 gram.

Silver also jumped ₹1,672 to ₹66,742 per kg from ₹65,070 per kg in the previous trade. Spot gold price for 24 carat in Delhi was trading up by ₹185 with rupee depreciation.

The rupee plunged 20 paise and settled below 75 per U.S. dollar level on August 3, tracking negative domestic equities and strengthening American currency. In the international market, gold was trading lower at USD 1,973 per ounce, while silver was flat at USD 24.30 per ounce.

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