Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinesscommoditiesGold gains Rs 81; silver drops Rs 244

    Gold gains Rs 81; silver drops Rs 244

    In the previous trade, the precious metal had settled at Rs 51,120 per 10 grams.

    PTI
    November 07, 2022 / 19:31 IST
    Representative image

    Gold price in the national capital gained Rs 81 to Rs 51,201 per 10 grams on Monday, according to HDFC Securities.

    In the previous trade, the precious metal had settled at Rs 51,120 per 10 grams.

    Silver, however, dropped Rs 244 to Rs 60,596 per kilogram.

    In the international market, gold was trading flat at USD 1,679 per ounce while silver was down at USD 20.74 per ounce.

    "MCX Gold is trading flat after spectacular rally on Friday. MCX gold has surpassed the crucial resistance of Rs 50,900 and has been sustaining above it. Comex gold is also trading flat, however, it is on the verge of surpassing last week's high of USD 1,682 an ounce," Vinay Rajani, Research Analyst at HDFC Securities, said.

    PTI
    first published: Nov 7, 2022 07:31 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347