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March 3, 2024
PI Global Investments

Gold and silver remains flat

New Delhi: Gold prices remained flat at Rs63,150 per 10 grams in the national capital on Thursday, according to HDFC Securities. Silver was also flat at Rs76,300 per kilogram.

HDFC Securities’ senior analyst of commodities Saumil Gandhi said, spot gold prices (24 carats) in the Delhi markets are trading flat at Rs63,150/ 10 grams, unchanged from the previous close.

Meanwhile, in the futures trade, February contract of gold rose Rs164 to Rs62,160 per 10 grams on the MCX. Also, March contract of silver climbed Rs120 to Rs72,089 per kg on the bourse.

In the overseas markets, gold is trading marginally higher at $2,031 per ounce, while silver is down at $22.97 per ounce. Going forward, traders anticipate that gold prices are likely to trade in a choppy range before the outcome of the US Consumer Price Index (CPI) data which will be released later on Thursday, Gandhi added.

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