Gold climbs ₹ 398; silver zooms ₹ 1,033 on global cues

Gold price in the national capital on Friday rallied by ₹ 398 to ₹ 47,762 per 10 gram reflecting gains in precious metal prices in the international market, according to HDFC Securities.

In the previous trade, the yellow metal settled at ₹ 47,364 per 10 gram.

Silver also gained ₹ 1,033 to ₹ 61,147 per kg from ₹ 60,114 per kg in the previous trade.

In the international market, gold was trading with gains at $ 1,808 per ounce and silver was flat at $ 22.62 per ounce.

"Gold prices traded higher with spot gold prices at COMEX trading over half a per cent up at $ 1,808 per ounce on Friday. Gold prices rallied supported by weaker dollar and plunge in U.S. bond yields," HDFC Securities, Senior Analyst (Commodities), Tapan Patel said.

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