New Delhi, Dec 27: Gold price rose Rs 173 to Rs 55,074 per 10 grams in the national capital on Tuesday amid gains in precious metal internationally, according to HDFC Securities.
The yellow metal had ended at Rs 54,901 per 10 grams in the previous trade.
Silver also zoomed Rs 926 to Rs 70,205 per kilogram.
“Gold price continue to trade higher, helped by a softer dollar,” Navneet Damani, Senior VP – Commodity Research at Motilal Oswal Financial Services, said.
In the international market, gold was trading higher at USD 1,807.60 per ounce while silver was up at USD 24.19 per ounce.
“Comex gold prices rose in the asian trading hours supported by a softer dollar, although trading was thin after the long Christmas weekend,” an analyst at HDFC Securities said. (AGENCIES)
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BIZ-STOCKS-CLOSE
Markets climb for 2nd day on firm global cues
Mumbai, Dec 27:
Equity benchmarks Sensex and Nifty closed with gains on Tuesday, following a firm trend in the global markets.
Extending its previous day’s rally, the 30-share BSE Sensex jumped 361.01 points or 0.60 per cent to settle at 60,927.43. During the day, it rallied 420.26 points or 0.69 per cent to 60,986.68.
The broader NSE Nifty climbed 117.70 points or 0.65 per cent to end at 18,132.30.
From the Sensex pack, Tata Steel, Tata Motors, Larsen & Toubro, Asian Paints, Wipro, Bajaj Finance, ICICI Bank, Tech Mahindra and Titan were the major winners.
Hindustan Unilever, ITC, Mahindra & Mahindra and Nestle were the laggards.
Elsewhere in Asia, equity markets in Seoul, Tokyo and Shanghai ended with gains.
Equity exchanges in Europe were trading in the positive territory in mid-session deals.
Markets in the US were closed on Monday.
International oil benchmark Brent crude climbed 0.49 per cent to USD 84.33 per barrel.
Foreign institutional investors (FIIs) offloaded shares worth Rs 497.65 crore on Monday, according to exchange data. (AGENCIES)
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