New Delhi: In line with the strong global trend, gold prices rose by Rs 130 to Rs 38690 per 10 grams in Delhi Bullion Market on Monday.
According to HDFC Securities, silver also rose by Rs 900 to Rs 47,990 per kg. Its previous closing price was Rs 47090 per kg.
On Saturday, 24-carat gold had closed at Rs 38,560 per 10 grams. In the international market, New York, gold rose sharply to $ 1,518 an ounce and silver also rose to $ 17.87 an ounce.
The rupee opened marginally lower by 9 paise at 71.03 to the dollar on Monday amid investor fears over rising crude oil prices and concerns over trade war between the US and China.