Gold is cheaper by Rs 1274, silver falls by Rs 2219, know the latest price

There was a jump of more than Rs 1600 in gold on the last trading day, but this rise could not be sustained today. On Friday, gold prices fell by Rs 1,274 to Rs 50,913 per 10 grams in the national capital. The fall in gold prices reflects the overnight fall in the international market as well as the strengthening of the rupee.

Silver was at the level of 67000 on Thursday

It is worth noting that in the last trading day, the yellow metal had closed at Rs 52,187 per 10 grams. Along with this, the price of silver also broke badly today. After falling by Rs 2,219, the price of silver came down to Rs 64,809 per kg, let us tell you that silver had closed at Rs 67,028 per kg on the previous trading day.

Rupee closed with a gain of 34 paise

The rupee on Friday edged higher by 34 paise at 75.26 against the US dollar, in line with regional currencies, following a fall in crude oil prices and a rebound in domestic equities. On the previous trading day, due to the conflict between Russia and Ukraine, the Indian currency was badly broken and closed with a fall of more than 100 paise.

Here's the situation in the international market

HDFC Securities Senior Analyst (Commodities) Tapan Patel said gold was trading higher at USD 1,913 an ounce and silver was trading marginally higher at USD 24.29 an ounce in the international markets. Gold prices on Thursday rose by Rs 1,656 in Delhi amid Russia-Ukraine military conflict.