Gold jumps Rs 388; silver rallies Rs 1,046

Gold price in the national capital on Tuesday jumped Rs 388 to Rs 50,282 per 10 gram, reflecting rally in international precious metal prices, according to HDFC Securities.

In the previous trade, the precious metal finished at Rs 49,894 per 10 gram.

Silver also rallied by Rs 1,046 to Rs 60,957 per kg from Rs 59,911 per kg in the previous trade.

In the international market, gold was trading higher at USD 1,825 per ounce and silver was marginally lower at USD 20.96 per ounce.

"Gold prices traded firm with spot gold prices at COMEX trading 0.13 per cent up at USD 1,825 per ounce on Tuesday. Gold prices rebounded supported by weaker dollar despite firm US bond yields," said Tapan Patel, Senior Analyst (Commodities), HDFC securities.