Bullion market recorded a surge in gold prices on Friday. HDFC Securities gave this information. Gold prices rose by Rs 44 to Rs 39,731 per ten grams. HDFC Securities Senior Analyst (Commodity) Tapan Patel said that the price of 24-carat gold in Delhi increased by Rs 44 on Friday. He said that it has accelerated amidst rupee fluctuations.
Gold had closed at Rs 39,687 per ten gram on Thursday trading day. At the same time, the price of silver was recorded today, the silver was reduced by Rs 460 to Rs 47,744 from Rs 48,204. Talking internationally, both gold and silver were trading marginally lower on Friday, with gold trading at $ 1,509 an ounce and silver at $ 17.81 an ounce.
Patel said that global investors are very cautious about the current economic and political uncertainties, coupled with doubts arising about the US-China trade agreement. Note that year-end holidays in both domestic and global markets have led to a decline in investor participation. is.
