Spot gold markets remain shut due to countrywide lockdown: HDFC Securities

New Delhi, May 15 () Spot gold markets remained shut on Friday due to the countrywide lockdown to prevent spread of COVID-19, according to HDFC Securities.

In the international market, the yellow metal was trading higher at USD 1,736 per ounce, while silver also witnessed buying interest, rising to USD 16.23 per ounce.

"Gold prices rallied on safe-haven buying on gloomy economic outlook," HDFC Securities said. SUM RVK