Gold prices rose by Rs 182 to Rs 51,740 per 10 grams within the capital on Monday, following gains in global valuable prices, consistent with HDFC Securities. within the previous trade, the valuable metal had closed at Rs 51,558 per 10 grams. Silver also jumped Rs 805 to Rs 63,714 per kilogram from Rs 62,909 per kilogram within the previous trade.
In the global market, gold prices remained at $ 1900 an oz . However, it received little support on Monday thanks to expectations of the US relief package. Spot Gold showed little change and it traded at 1902.2.
Meanwhile, before the festival season in India, jewelers have started keeping refill . However, there's no significant increase in consumer demand in China also . The holdings of SPDR Gold Trust, the most important gold-based ETF within the world, fell by 0.27 per cent to 1272.56 tonnes on Friday. However, there was a small increase within the price of silver.
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