Gold prices up Rs 70

Gold prices on Thursday rose by Rs 70 to Rs 38,930 per 10 gram in the national capital on rupee depreciation, according to HDFC Securities.

The yellow metal had closed at Rs 38,860 per 10 gram in the previous trade, it said.

Tracking the rise in gold, silver prices also moved up by Rs 230 to Rs 46,510 per kg from Rs 46,280 per kg on Wednesday.

"Spot gold prices for 24 Karat in Delhi were trading up by Rs 70 on rupee depreciation," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.