Gold and silver prices moved higher in Indian markets today, as the precious metals extended recent gains in global markets. On MCX, gold futures rose 0.45% to ₹52,404 per 10 gram while silver surged 1.5% to ₹66,309 per kg. Gold prices had rallied sharply last week, gaining around ₹1,500 per 10 gram over 5 days. On the other hand, silver had logged weekly gain of about ₹4,000 per kg. In August, gold had hit a record high of ₹56,200 per 10 gram.
“MCX gold has resistance at ₹52,960 and support at 51820,” says Geojit Financial Services.
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.