Gold declines marginally by Rs 44, silver tanks Rs 206
New Delhi: Gold prices witnessed volatile trading on Monday and dipped marginally by Rs 44 to Rs 53,040 per 10 gram in the national capital, according to HDFC Securities.
In the previous trade, the precious metal had closed at Rs 53,084 per 10 gram.
"Spot gold prices for 24 carat in Delhi traded volatile with rupee fluctuation as prices pared early gains with sharp rupee appreciation," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
Making a sharp U-turn, the rupee soared 52 paise to settle at 74.32 (provisional) against the US dollar on Monday, in line with upbeat domestic equities and sustained foreign fund inflows.
Silver also declined by Rs 206 to Rs 68,202 per kg from Rs 68,408 per kg.
In the international market, gold was trading with gains at USD 1,950 per ounce, while silver was quoting flat at USD 26.80 per ounce.
"Gold prices traded positive with spot international gold prices recovering to USD 1,950 per ounce on Monday," he added.
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Rickelton's ton in vain as SRH beat MI by 6 wickets
Mumbai (PTI): Ryan Rickelton's whirlwind unbeaten ton was overshadowed by Heinrich Klaasen's unbeaten 65 as Sunrisers Hyderabad defeated Mumbai Indians by six wickets in an IPL match here on Wednesday.
Chasing an imposing 244-run target, Travis Head (76 off 30) and Abhishek Sharma (45 off 24) shared 129 runs for the opening wicket to set the platform for SRH.
Klaasen (65 not out off 30 balls) then displayed his all-round hitting abilities to guide SRH home with the help of Nitish Kumar Reddy (21) and Salil Arora (30 not out off 10) in 18.4 overs.
Earlier, Rickelton's knock powered MI to 243 for five.
MI rode on a 93-run stand between Rickelton (123 not out off 55 balls) and Will Jacks (46 off 22) in 7.1 overs for the opening stand to power the side.
MI skipper Hardik Pandya scored a valuable 31 off 15 balls before being dismissed.
Praful Hinge (2/54), Eshan Malinga (1/29), Sakib Hasan (1/39) and Nitish Kumar Reddy (1/31) were the wicket-takers for SRH.
Brief Scores:
Mumbai Indian: 243 for 5 in 20 overs (Ryan Rickelton 123 not out; Praful Hinge 2/54).
Sunrisers Hyderabad: 249 for 4 in 18.4 overs (Travis Head 76, Heinrich Klaasen 65 not out; AM Ghazanfar 2/51).
