Commodities
Gold Prices Steady in Delhi as Silver Sees Modest Recovery
Gold prices in Delhi remained unchanged on Wednesday at Rs 1.47 lakh per 10 grams, while silver recovered by Rs 500 to Rs 2.25 lakh per kg, according to the All India Sarafa Association.
The yellow metal of 99.9% purity held steady at Rs 1,47,000 per 10 grams, but silver rebounded from Tuesday's closing level of Rs 2,24,800 to Rs 2,25,300 per kilogram, inclusive of all taxes.
Traders said gold remained range-bound while silver slightly recovered after witnessing a sharp correction in the previous session.
The international market trends were firm, but a stronger Indian rupee added pressure on domestic precious metal prices, said Saumil Gandhi, Senior Analyst, Commodities at HDFC Securities.