Gold prices remained steady at Rs 59,350 per 10 grams in India’s national capital, New Delhi, while silver prices rose by Rs 300 per kilogramme to reach Rs 71,600. Senior Analyst – Commodities at HDFC Securities, Saumil Gandhi said spot gold prices in Delhi markets were unchanged from the previous close, while in the overseas market, gold and silver prices were down at USD 1,927 per ounce and USD 22.95 per ounce, respectively. The Comex gold was trading at USD 1,927 per ounce, with investors looking for more cues on the macro front. Cues from US consumer confidence and new home sales data, set to be released later today, might cause volatility in precious metals, Gandhi predicted.
Gold Prices Unchanged, while Silver Witnesses an Increase of Rs 300 in India
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