Gold Prices Hold Steady, Silver Surges Today

28 Jun 2023 , 02:56 PM

Gold prices in the national capital, Delhi, remained unchanged at Rs 59,350 per 10 grams on Tuesday. However, silver witnessed a significant jump, rising by Rs 300 to reach Rs 71,600 per kilogram.

In the international market, spot gold maintained its position at $1,923.09 per ounce, while U.S. gold futures experienced a slight decline of 0.1% to settle at $1,932.90. Similarly, silver prices were down to $22.95 per ounce.

Gold prices held steady as the softer dollar provided support, following two consecutive sessions of gains for the precious metal. However, investors remained cautious due to recent hawkish remarks from U.S. central bank officials. The slight easing of the dollar index made gold more attractive for overseas buyers, contributing to the stability in gold prices.

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