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Gold, silver leap monitoring robust world developments

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New Delhi: Gold costs rose Rs 236 to Rs 51,558 per 10 gram within the nationwide capital on Friday following a constructive development within the worldwide market, in response to HDFC Securities. In the earlier commerce, gold had closed at Rs 51,322 per 10 gram.

Silver costs additionally jumped Rs 376 to Rs 62,775 per kilogram from Rs 62,399 per kilogram within the earlier commerce.

“Spot gold prices for 24 carat in Delhi were up Rs 236 on strong international gold prices,” HDFC Securities Senior Analyst (Commodities) Tapan Patel stated.

In the worldwide market, each gold and silver had been buying and selling with good points at USD 1,910 per ounce and USD 24.27 per ounce, respectively.

Gold costs rallied on weaker greenback on uncertainty over US stimulus and worries about US financial restoration, Patel added.

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