Prices of gold today rose by 78 rupees to 39,263 rupees per 10 gram in the national capital. Silver prices also moved up by 245 rupees to 47,735 rupees per kg. In the international market, gold prices were quoting lower at US dollars 1,509 per ounce and silver fell to 18 US dollars and eight cents an ounce.
“Spot gold prices for 24 karat in Delhi were trading up by Rs 78 with start of the Indian wedding season demand,” said HDFC Securities Senior Analyst (Commodities) Tapan Patel. Markets are waiting for fresh triggers from the US-China trade deal, he added.
“The international gold prices traded steady off the intra-day high of USD 1,514 as markets are waiting for fresh triggers from US-China trade deal and absence of key economic data,” he said.