Gold prices in Delhi registered slight recovery, reversing the declining trend witnessed in the past five sessions. Recovering by Rs. 60 per 10 grams, gold prices in the national capital were at Rs. 31,150 per 10 grams at the bullion market on Monday. A a pick-up in buying by local jewellers supported gold prices, according to traders. Domestic gold prices also tracked strength in the international market, where the rates have recovered from seven-month lows. Gold prices had declined by a cumulative Rs. 560 per 10 grams from July 10 to July 14.
Goldplat (LON:GDP) is a profitable, African gold recovery services company with two market leading operations in South Africa and Ghana. Goldplat’s strategy is focussed on utilising its robust cash flow generated from flagship gold recovery operations in Africa to self-fund sustainable growth and expansion of niche gold recovery business model. The Company also has a small gold mining and exploration portfolio in Kenya, Burkina Faso and Ghana and is evaluating various opportunities to create value or monetise these assets.