New Delhi: Gold prices on Thursday rose by Rs. 526 to Rs. 46,310 per 10 grams in the Delhi bullion market amid a strong correction in precious metals in the global market and a fall in the rupee's exchange rate. This information came from HDFC Securities. Gold had closed at Rs. 45,784 in the previous trading session.
Silver also rose by Rs. 1,231 to Rs. 68,654 per kg. Its closing price in the last trading session was Rs. 67,423.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said, "24-carat gold in Delhi rose by Rs. 526 in line with a strong correction in gold prices in Comex and depreciation in rupee."
The rupee depreciated by 5 paise to Rs. 74.37 against the dollar in early trade in the forex market. In the international market, gold rose to USD 1,778 an ounce while silver remained almost unchanged at USD 26.25 an ounce.