Gold prices went past Rs 51,000 mark in Delhi on Thursday, rising by Rs 502 on strong international prices. The precious metal rose by Rs 502 to Rs 51,443 per 10 gram from Rs 50,941 per 10 gram in the previous trade, experts said. "Spot gold prices for 24 carat gold in Delhi hit new high trading above Rs 51,000, gaining Rs 502 on strong international gold prices," HDFC Securities Senior Analyst (Commodities) Tapan Patel said. In the international market, gold hit a nine-year high to $1,882.17 per ounce, highest since September 2011 rate of $1,888.26. While this looks like a perfect recipe for Gold, is now spilling over on its counterpart silver, which has seen a sudden surge in prices," he said.

Source: dna July 23, 2020 13:18 UTC