Gold gains marginally as global markets rally

Representative image/Credit: AFP File Photo

Gold in the national capital on Tuesday rose by Rs 6 to Rs 50,290 per 10 grams amid firm global trends, according to HDFC Securities.

In the previous trade, the yellow metal settled at Rs 50,284 per 10 grams.

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Silver, however, dipped by Rs 137 to Rs 55,539 per kg from Rs 55,676 per kg in the previous trade.

"Spot gold prices for 24-carat gold in Delhi were up by Rs 6 per 10 grams in line with firm COMEX gold prices," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.

In the international market, gold was trading higher at $1,711 per ounce while silver was flat at $18.80 per ounce.