Spot gold markets shut due to countrywide lockdown: HDFC Securities

Spot gold markets in India remained shut on Wednesday due to countrywide lockdown to prevent spreading of coronavirus, according to HDFC Securities.

In the international market, gold was trading higher at USD 1,651 per ounce and silver at USD 15.05 per ounce.

"Gold prices traded positive with spot international gold prices keeping the upper trading range at USD 1,651 on Wednesday. Gold prices have continued upside on strong physical demand in global market," it said.

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