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Gold rises by Rs 324, silver jumps Rs 2,124

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New Delhi: Gold costs rose by Rs 324 to Rs 50,824 per 10 gram within the nationwide capital on Friday, halting its four-day decline on restoration in worldwide value of the dear metallic, in keeping with HDFC Securities. The treasured metallic closed at Rs 50,500 per 10 gram within the earlier commerce.

Silver costs additionally bounced again and gained Rs 2,124 to Rs 60,536 per kilogram from earlier shut of Rs 58,412 per kilogram.

“Spot gold prices for 24 carat in Delhi halted decline by rising Rs 324, in line with recovery in international prices,” HDFC Securities Senior Analyst (Commodities) Tapan Patel mentioned.

In the worldwide market, gold was quoting with beneficial properties at USD 1,873 per ounce, whereas silver was flat at USD 23.10 per ounce.

Gold costs witnessed restoration from Thursday’s night session as greenback index pared beneficial properties on US stimulus hopes, Patel added.

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