NEW DELHI: Gold prices rose by Rs 112 to Rs 44,286 per 10 gram in the national capital on Wednesday amid rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 44,174 per 10 gram.
Silver also gained Rs 126 to Rs 66,236 per kg, from Rs 66,110 per kg in the previous trade.
In the international market, gold was trading marginally lower at $1,711 per ounce and silver was flat at $25.78 per ounce.
HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “Gold prices traded marginally down at COMEX (New York-based commodities exchange). The rally in equity indices and firm dollar may limit upside in precious metals for the day.”