Commodities
Gold Prices Unchanged in Delhi, Silver Sees Modest Recovery
Gold prices in Delhi remained steady at Rs 1.47 lakh per 10 grams on Wednesday, while silver made a modest recovery of Rs 500 to Rs 2.25 lakh per kilogram.
The All India Sarafa Association reported that gold prices held firm at Rs 1,47,000 per 10 grams for 99.9% purity.
Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, noted that a stronger Indian rupee added pressure on domestic precious metal prices.
International markets also saw gold trade flat at USD 4,031.73 per ounce and silver edge up nearly 1% to USD 57.54 per ounce.