Gold prices on Friday jumped ₹1,395 to ₹41,705 per 10 gram in the national capital following rally in the international prices of the precious metal, according to HDFC Securities. On Thursday, the precious metal had closed at ₹40,310 per 10 gram.
Silver prices also advanced ₹2,889 to ₹38,100 per kg against the previous close of ₹35,211 per kg. “Spot gold of 24 karat in Delhi shot up by ₹1,395 with overnight rally in international gold prices,” HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
In the international market, both the metals were trading with hefty gains, with gold quoting higher at USD 1,514 per ounce and silver at USD 12.96 per ounce. “Gold prices traded higher with broad-based recovery in commodities,” he added.