Gold value gained Rs 215 to the touch Rs 49,059 per 10 gram within the nationwide capital on Wednesday supported by sturdy world treasured metallic costs, in keeping with HDFC Securities. In the earlier commerce, gold had closed at Rs 48,844 per 10 gram.
Silver value jumped Rs 1,185 to Rs 64,822 per kilogram. It was at Rs 63,637 per kilogram within the earlier commerce.
In the worldwide market, gold was quoting within the inexperienced at USD 1,854 per ounce and silver was flat at USD 24.72 per ounce.
“Gold prices extended gains awaiting comments from the US Fed while rising hopes for US stimulus pressured dollar index which boosted buying in precious metals,” HDFC Securities, Senior Analyst (Commodities), Tapan Patel mentioned.