Gold prices today inched higher in global markets, supported by a weaker dollar. The yellow metal also benefitted from hopes of more stimulus as coronavirus cases continued to rise in many parts of the world. Spot gold rose 0.2% to $1,892.15 per ounce, after hitting its $1,898.81 earlier in the session. The dollar index today hit a one-week low, making gold cheaper for holders of other currencies. Silver rose 1.1% to $24.91 per ounce. Platinum rose 1% to $897.52, while palladium was 1.1% higher at $2,350.20.
In India, trading on commodity exchange MCX will start from 5 pm. Commodity exchange MCX will remain closed for the morning session today on the occasion of Diwali Balipratipada.
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.