Gold jumps ₹ 112; silver declines ₹ 203

Gold in the national capital on Thursday rose by ₹ 112 to ₹ 47,050 per 10 gram in-line with a recovery in international precious metal prices, according to HDFC Securities.

In the previous trade, the precious metal had settled at ₹ 46,938 per 10 gram.

In contrast, silver slipped ₹ 203 to ₹ 63,767 per kilogram from ₹ 63,970 per kilogram in the previous trade.

In the international market, gold was trading higher at $ 1,803 per ounce and silver was flat at $ 24.12 per ounce.

"Gold prices recovered paring previous losses with lower US bond yields and mixed global cues," according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

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