US Fed’s indication of the rate hike has capped the gain of bullion but global uncertainty will support the prices.
Gold price rose on March 4 in the international market, eyeing its best weekly gain since May 2021, as investors scrambled for safe-haven assets after Russia attacked a nuclear power plant in Ukraine — the largest of its kind in Europe.
At 9.26 am, gold contracts were up 0.54 percent at Rs 52,050 for 10 grams on the Multi-Commodity Exchange (MCX) and silver added 0.51 percent at Rs 68,247 a kilogram.
Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.