Gold Price in Delhi Surges by Rs 185, Silver Price Jumps Rs 1672

Gold Price Today, August 3: Gold prices rose by Rs 185 to Rs 54,678 per 10 gram in the national capital on Monday amid rupee depreciation, according to HDFC Securities. Also Read – Silver Prices Hit Record High, Surpass Rs 65,000-Mark; Gold Surges to Rs 52,000

In the previous trade, the yellow metal had closed at Rs 54,493 per 10 gram. Also Read – Gold Price Today June 11: Gold Prices Rise by Rs 477,  Silver Rises by Rs 26

Silver also jumped Rs 1,672 to Rs 66,742 per kg from Rs 65,070 per kg in the previous trade. Also Read – Gold Prices Rise by Rs 75 to Rs 33,195 Per 10 Gram on Local Buying

“Spot gold price for 24 carat in Delhi was trading up by Rs 185 with rupee depreciation,” HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

The rupee plunged 20 paise and settled below the 75 per US dollar level on Monday, tracking negative domestic equities and strengthening American currency.

In the international market, gold was trading lower at USD 1,973 per ounce, while silver was flat at USD 24.30 per ounce.