Gold, silver rally on strong global market sentiment
New Delhi, Nov 28 (PTI) Gold prices climbed Rs 700 to Rs 1,30,160 per 10 grams in the national capital on Friday tracking firm trends in the global markets and strong investor appetite, according to marketmen. The precious metal of 99.5 per cent purity jumped by Rs 700 to Rs 1,29,560 per 10 grams (inclusive of all taxes). “Gold edged higher…supported by increasing expectations of a Federal Reserve rate cut in December,” Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities, said. He further stated that gold prices, during the week, have remained well-supported by renewed optimism over a potential