Published by: Mohammad Haris
Latest version: December 04, 2023, 5:19 PM IST
Gold prices are at an all-time high.
Gold prices extended gains on Monday, trading at a record high of 64,300/10 gram by Rs 450, following a bullish trend in overseas markets.
Gold prices rose by Rs 450 to a fresh record of Rs 64,300 per 10 grams in the national capital on Monday amid strong global trends, according to HDFC Securities. In earlier trade, the precious metal settled at Rs 63,850 per 10 grams. However, silver remained flat at Rs 80,200 per kg.
“Gold prices rose on Monday, trading at a record high of 64,300/10 grams, up by Rs 450 on bullish trends in overseas markets,” said Soumil Gandhi, senior analyst, commodities, HDFC Securities.
In international markets, gold rose to USD 2,077 per ounce and silver fell to USD 25.40 per ounce.
Spot gold on the Comex was trading at $2,077 an ounce, up $6 from the previous close. Comex gold hit an intraday high of $2,146 an ounce in Asian trading hours, hitting a new all-time high on Monday as geopolitical tensions in the Middle East rose, Gandhi said.
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