In the international markets, prices scaled to fresh highs for the fifth time this month after the US Federal Reserve anticipated three rate cuts in 2024 despite high inflation.
"Spot gold prices (24 carats) in the Delhi markets are trading at ₹67,450 per 10 grams, up by ₹1,130 from the previous close," Dilip Parmar, research analyst at HDFC Securities, said.
In the international markets, spot gold at Comex was trading at $2,202 per ounce, up by $48 from the previous day's level. Comex spot gold prices were supported by heightened geopolitical risks and buying by central banks, Parmar said.
Silver was also trading higher at $25.51 per ounce. In the previous close, it had ended at $24.84 per ounce.
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