gold rate today: Gold jumps Rs 506; silver zooms Rs 1,374

New Delhi: Gold value within the nationwide capital jumped Rs 506 to Rs 55,940 per 10 grams on Tuesday amid a rally in costs of the dear metallic internationally, in accordance with Securities. The yellow metallic had touched Rs 55,434 per 10 grams within the earlier commerce.

Silver additionally zoomed to Rs 1,374 to Rs 71,224 per kilogram.

“Comex spot gold value have resumed buying and selling on a constructive observe in early Asian hours on Tuesday. Secure haven demand pushed yellow metallic’s value greater,” stated an analyst at HDFC Securities.

Within the abroad market, gold was buying and selling in inexperienced at $1,843 per ounce whereas silver was up at $24.37 per ounce.

“Gold costs inched greater hitting a six-month excessive as market’s consideration flip to minutes from the US Federal Reserve’s newest coverage assembly, due this week. Minutes from the Fed’s December coverage assembly are due on Wednesday, which may supply hints on the central financial institution’s tightening path,” Navneet Damani, Senior VP – Commodity Analysis at

, stated.