Gold up by Rs 230, trading at Rs 51,990 per 10 gm; silver down by Rs 300

The prices of silver went down by Rs 300 with the precious metal trading at Rs 60,200 per kg

Gold became dearer in Friday's early trade, as the yellow metal's price increased by Rs 230 from the previous day's rate with 10 gram of 24-carat gold selling at Rs 51,990. Meanwhile, 10 gram of 22-carat gold, after a decrease of Rs 200, is trading at Rs 47,650.

The prices of silver, on the other hand, went down by Rs 300 with the precious metal trading at Rs 60,200 per kg.

Gold prices were flat on Friday but on course for their second straight weekly decline, with worries over major central banks potentially implementing big interest rate hikes to target runaway inflation