Gold climbs Rs 260 to Rs 99,260/10 g; silver rallies Rs 1,900

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NEW DELHI Gold prices climbed Rs 260 to Rs 99,260 per 10 grams in the national capital on Wednesday amid strong cues in the global markets, according to the All India Sarafa Association.

The yellow metal of 99.5 per cent purity rose Rs 100 to Rs 98,700 per 10 grams (inclusive of all taxes).

“Gold showed a slight positive trend on Wednesday due to persistent uncertainties related to trade, along with economic concerns and geopolitical risks, continue to support the safe-haven appeal of the precious metal,” Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said.

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