Gold, silver fall marginally – Hindu

According to HDFC Securities, gold prices in the national capital on Friday increased marginally by 9 to by 46,431 per 10 grams.

In the previous trade, the precious metal had closed at the 46,422 per 10 grams.

Silver also rose by 53 to ₹ 67,460 per kg to ₹ 67,407 per kg in previous trade.

In the international market, gold remained flat at US $ 1,764 an ounce and silver at $ 25.87 an ounce.

According to Tapan Patel, Senior Analyst (Commodities), HDFC Securities, “The decline and fall in US dollar yields led to the fall in gold prices.”

Navneet Damani, VP – Commodities Research, Motilal Oswal Financial Services, “Gold trades more than a month’s peak as US-Treasury yields slipped despite better-than-expected US economic data, calling for investors Was pushing bullion against potential inflation. Further. ”