Gold gains Rs 25; silver Rs 428

According to HDFC Securities, gold rose by Rs 25 to Rs 51,027 per 10 grams in the national capital on Tuesday, in line with the rupee’s depreciation along with a strong trend in international precious metal prices.

Silver fell by Rs 428 to Rs 61,557 per kg from Rs 61,985 in the previous trade.

Meanwhile, the rupee closed down 4 paise at 77.59 (provisional) against the US dollar on Tuesday, weighed down by a negative trend in domestic equities and persistent foreign fund outflows.

In international markets, gold was flat at USD 1,859 per ounce and silver at USD 21.89 per ounce.

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