Gold Silver Latest Price: Gold costlier by Rs 263, silver price increased by Rs 500, know the latest price before buying

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In line with the global trend, the prices of precious metals rose in the national capital on Friday. In the national capital, gold rose by Rs 263 to Rs 52,472 per 10 grams. Due to this, the yellow metal had closed at Rs 52,209 per 10 grams in the previous trading day. Along with gold, silver also rose by Rs 500 to Rs 67,707 per kg from Rs 67,207 per kg in the previous trade.

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The rupee on Friday closed 25 paise lower at 76.42 against the US dollar, reflecting selling in the domestic market. In the international market, gold was trading higher at $ 1,952 an ounce and silver at $ 24.45 an ounce.

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HDFC Securities Senior Analyst (Commodities) Tapan Patel said global growth concerns over rise in inflation kept gold prices firm on Comex on Friday.