Business News: Gold rose by Rs 70, silver strengthened by Rs 200

Amid strong global trend, the price of gold in Delhi bullion market on Thursday rose by Rs 70 to Rs 62,970 per 10 grams. In the last trading session, gold had closed at Rs 62,900 per 10 grams. During this period, the price of silver also increased by Rs 200 to Rs 74,100 per kg. During the last trading session, silver had closed at Rs 73,900 per kg.

HDFC Securities Senior Analyst (Commodity) Saumil Gandhi said, “The spot price of 24 carat gold in Delhi markets increased by Rs 70 and is trading at Rs 62,970 per 10 grams.” In international markets. The spot price of gold on Comex rose by five dollars to $2,034 an ounce. Gandhi said there was a slight rise in gold in the European trading session on Thursday.