Silver at record high for second consecutive day

Silver prices in Delhi on Friday reached a record high of Rs 89,000 for the second consecutive day. However, in line with the strong trend in foreign markets, the price of gold fell by Rs 150 to Rs 73,900 per 10 grams.

Silver prices recorded a record rise for the second consecutive day and reached a high of Rs 89,000 in the local market on Friday. However, in line with the strong trend in foreign markets, the price of gold fell by Rs 150 to Rs 73,900 per 10 grams. Silver prices in the national capital jumped Rs 300 to Rs 89,000 per kg, according to HDFC Securities. In the last session it had closed at Rs 88,700 per kg.

Meanwhile, gold prices fell by Rs 150 to Rs 73,900 per 10 grams. In the last session it had closed at Rs 74,050.

“Gold prices declined on Friday as the US dollar and US bond yields recovered from multi-week lows,” said Saumil Gandhi, senior commodity analyst at HDFC Securities. The US dollar index is currently 0.22 percent higher than its previous close.