<p>Gold prices rose Rs 122 to Rs 51,989 per 10 grams in the national capital on Tuesday supported by rupee depreciation, according to HDFC Securities.</p>.<p>In the previous trade, gold closed at Rs 51,867 per 10 grams.</p>.<p>Silver also gained Rs 340 to Rs 69,665 per kg, from Rs 69,325 per kg in the previous trade.</p>.<p>"Spot gold prices for 24 karat in Delhi were up by Rs 122, supported by rupee depreciation," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.</p>.<p>The rupee depreciated 25 paise and settled at 73.63 (provisional) against a US dollar on Tuesday amid rise in demand for the American currency from banks and importers.</p>.<p>In the international market, gold was trading with marginal gains at USD 1,930 per ounce and silver was flat at USD 26.91 per ounce.</p>.<p>Reliance Securities Senior Research Analyst Sriram Iyer said, "International gold and silver were steady on Tuesday afternoon trade, as doubts over global economic recovery offset pressure from a stronger dollar ahead of policy strategies from central banks in Europe and North America."</p>.<p>Iyer added that market participants' focus will now be on Bank of Canada's policy meeting on Wednesday, followed by the European Central Bank's policy decision on Thursday.</p>
<p>Gold prices rose Rs 122 to Rs 51,989 per 10 grams in the national capital on Tuesday supported by rupee depreciation, according to HDFC Securities.</p>.<p>In the previous trade, gold closed at Rs 51,867 per 10 grams.</p>.<p>Silver also gained Rs 340 to Rs 69,665 per kg, from Rs 69,325 per kg in the previous trade.</p>.<p>"Spot gold prices for 24 karat in Delhi were up by Rs 122, supported by rupee depreciation," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.</p>.<p>The rupee depreciated 25 paise and settled at 73.63 (provisional) against a US dollar on Tuesday amid rise in demand for the American currency from banks and importers.</p>.<p>In the international market, gold was trading with marginal gains at USD 1,930 per ounce and silver was flat at USD 26.91 per ounce.</p>.<p>Reliance Securities Senior Research Analyst Sriram Iyer said, "International gold and silver were steady on Tuesday afternoon trade, as doubts over global economic recovery offset pressure from a stronger dollar ahead of policy strategies from central banks in Europe and North America."</p>.<p>Iyer added that market participants' focus will now be on Bank of Canada's policy meeting on Wednesday, followed by the European Central Bank's policy decision on Thursday.</p>