New Delhi: Gold and silver traded on the higher side during the previous two sessions but showed mixed trends in the Indian markets on Friday. While the yellow metal edged up during the morning trade, silver was in the red.
Gold futures, maturing in February 3, were up Rs 53 or 0.10 per cent on the MCX index to trade at Rs 55,931 per 10 grams. Silver futures, on the other hand, declined by Rs 254 to trade at Rs 68,398 per kg on the MCX.
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Gold price on Thursday increased by Rs 115 to Rs 55,808 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the MCX, gold contracts for February delivery traded higher by Rs 115 or 0.21 per cent at Rs 55,808 per 10 grams in a business turnover of 12,157 lots.
Gold (24 karat) prices (10 grams) in Delhi, Mumbai, key Indian cities today
Delhi – Rs 56,440 as against Rs 56,220 yesterday
Mumbai – Rs 56,290 as against Rs 56,070 yesterday
Chennai – Rs 57,250 as against Rs 57,120 yesterday
Kolkata – Rs 56,290 as against Rs 56,070 yesterday
Bangalore – Rs 56,340 as against Rs 56,120 yesterday
Ahmedabad – Rs Rs 51,650 as against Rs 51,450 yesterday
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Silver prices (1 kg) in key India cities today
Delhi – Rs 72,000 as against Rs 71,900 yesterday
Mumbai – Rs 72,000 Rs as against Rs 71,900 yesterday
Chennai – Rs 74,000 as against Rs 74,000 yesterday
Kolkata – Rs 72,000 as against Rs 71,500 yesterday
Bangalore – Rs 74,000 as against Rs 74,000 yesterday
Ahmedabad – Rs 72,000 as against Rs 71,900 yesterday
Gold, silver in international markets
Gold prices ticked higher on Friday and were on track for a fourth consecutive weekly gain, supported by a weaker dollar and expectations of slower interest rate hikes by the U.S. Federal Reserve. Spot gold was up 0.1 per cent at $1,898.57 per ounce, as of 0234 GMT. Prices gained 1.8 per cent so far this week.
Spot silver edged 0.1 per cent higher to $23.79.
