Gold climbs Rs 398; silver zooms Rs 1,033 on global cues

New Delhi: Gold price in the national capital on Friday rallied by Rs 398 to Rs 47,762 per 10 gram reflecting gains in precious metal prices in the international market, according to HDFC Securities.

In the previous trade, the yellow metal settled at Rs 47,364 per 10 gram.

Silver also gained Rs 1,033 to Rs 61,147 per kg from Rs 60,114 per kg in the previous trade.

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In the international market, gold was trading with gains at USD 1,808 per ounce and silver was flat at USD 22.62 per ounce.

“Gold prices traded higher with spot gold prices at COMEX trading over half a per cent up at USD 1,808 per ounce on Friday. Gold prices rallied supported by weaker dollar and plunge in US bond yields,” HDFC Securities, Senior Analyst (Commodities), Tapan Patel said.

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