Gold falls Rs 75 to Rs 51,069 per 10 gram

New Delhi: Gold prices in the national capital fell by Rs 75 to Rs 51,069 per 10 grams, according to HDFC Securities.

The precious metal closed at Rs 51,144 per 10 grams in the previous session.

However, silver rose by Rs 121 to Rs 62,933 per kg from Rs 62,812 per kg in the previous session.

In the international market, gold is at $ 1,908 per pound and silver is at $ 24.72 per pound.

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“Gold prices remained volatile on Friday despite positive dollar index, market uncertainty over US presidential election and US stimulus package,” said Daban Patel, senior analyst (commodities) at HDFC Securities.

Navneet Tamani, VP Materials research, Motilal Oswal Financial Services said, “The price of gold has returned to $ 1,900 because it weighs in at a strong dollar.


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