Business Standard

Friday, December 20, 2024 | 04:37 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

The shine is back: Gold prices in India jump to highest in two years

Gold had hit record highs of Rs 55,901 in August 2020. The yellow metal had closed at Rs 54,942 per 10 gram in the previous trade

gold
Premium

Agencies
Gold prices in India jumped to Rs 55,359 per 10 gram on Tuesday amid a rally in prices of the precious metal internationally, according to the Indian Bullion and Jewellers Association.

Gold had hit record highs of Rs 55,901 in August 2020. The yellow metal had closed at  Rs 54,942 per 10 gram in the previous trade.
 
Silver also zoomed to Rs 69,227 per kilogram.
 
“Comex spot gold prices resumed trading on a positive note in early Asian hours on Tuesday. Safe haven demand pushed the yellow metal's price higher,” said an analyst at HDFC Securities. “Gold

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in