Gold in the national capital rose Rs 225 to Rs 38,715 per 10 gram on Wednesday helped by wedding season demand and rally in international prices, according to HDFC Securities. On Tuesday, the yellow metal had closed at Rs 38,490 per 10 gram. HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “Spot gold prices for 24 karat in Delhi rallied by Rs 225 on wedding season buying and rally in international gold prices. The weaker rupee supported the upside in gold prices which fell around 28 paise against the dollar.”
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