Gold climbs by Rs 416

Gold prices rose by Rs 416 to Rs 50,802 per 10 grams in the national capital on Friday, according to HDFC Securities.

Silver prices also hike from Rs 60,329 to Rs 1,014 to Rs 61,343 per kg in the previous trade.

Senior analyst (commodities) at HDFC Securities, Tapan Pate said, “Spot gold rose by Rs 416 for 24-carat gold in Delhi reflecting the overnight rally in COMEX gold prices,”.