Gold rises marginally; silver declines Rs 352 – business news

Gold prices in the national capital rose marginally to Rs 49,959 per 10 gram on Friday, according to HDFC Securities.

In the previous trade, the precious metal had closed at Rs 49,951 per 10 gram.

Silver declined by Rs 352 to Rs 52,364 per kg from Rs 52,716 per kg on Thursday.

In the international market, gold was quoting lower at USD 1,800 per ounce and silver was flat at USD 18.60 per ounce.     “Gold prices witnessed correction from recent high,” HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

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