Gold tumbles Rs 350; silver plummets Rs 1,000
New Delhi (PTI): Gold prices tumbled Rs 350 to Rs 63,950 per 10 grams in the national capital on Friday amid weak cues in global markets, according to HDFC Securities.
In the previous trade, the precious metal had closed at Rs 64,300 per 10 grams.
Silver also plummeted Rs 1,000 to Rs 78,500 per kilogram, while it had settled at Rs 79,500 per kg in the previous close.
Meanwhile, in the futures trade, the February contract of gold declined Rs 244 to Rs 63,145 per 10 grams on the MCX. Also, the March contract of silver plunged Rs 1,166 to Rs 73,793 per kilogram on the bourse.
In the overseas markets, gold and silver were trading lower at USD 2,070 per ounce and USD 23.80 per ounce, respectively.
Spot gold at Comex was trading at USD 2,070 per ounce, down by USD 10 from the previous close in the international markets.
Comex gold dropped as traders locked profit after the precious metal prices hit a three-week high in the previous session, HDFC Securities' Senior Analyst of Commodities Saumil Gandhi said.
Following a recovery in the dollar and rising US Treasury yields are also additional factors that weighed down on the yellow metal, Gandhi added.
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Will Jacks, Kohli power RCB to easy win over GT
Ahmedabad, Apr 28: Will Jacks struck a stunning hundred, while Virat Kohli slammed a half-century as they powered Royal Challengers Bengaluru to a dominating nine-wicket win over Gujarat Titans in the Indian Premier League here on Sunday.
Opener Kohli (70 not out) and one-down Jacks (100 not out) shared 166 runs for the unbroken second wicket to overhaul the target of 201 with 24 balls to spare.
RCB reached 206 for 1 in 16 overs.
Earlier, Gujarat Titans posted 200 for 3 after being invited to bat.
Sai Sudharsan (84 not out) and M Shahrukh Khan (58) struck fifties to take GT to the 200-run mark.
For RCB, Swapnil Singh, Mohammed Siraj and Glenn Maxwell took a wicket apiece.
Brief Scores:
Gujarat Titans: 200 for 3 in 20 overs (Sai Sudharsan 84 not out, M Shahrukh Khan 58; Swapnil Singh 1/23).
Royal Challengers Bengaluru: 206 for 1 in 16 overs (Virat Kohli 70 not out, Will Jacks 100 not out).
A memorable chase from @RCBTweets ✨
— IndianPremierLeague (@IPL) April 28, 2024
An partnership of 1️⃣6️⃣6️⃣* between Virat Kohli & Will Jacks power them to 🔙 to 🔙 wins ❤️
Will their late surge help them qualify for the playoffs?🤔
Scorecard ▶️ https://t.co/SBLf0DonM7#TATAIPL | #GTvRCB pic.twitter.com/3J5O4vCVnM
