Gold prices rise today

Gold and silver prices advanced in Indian markets today after the recent correction. On MCX, October futures were up 0.14% to ₹51,340 per 10 gram. Silver futures on MCX 0.44% edged 0.44% higher to ₹65,860 per kg. In the previous session, gold prices fell 1.4% or ₹750 per 10 gram while silver tumbled ₹1,750 or 2.6%. After the recent correction, gold prices are down about ₹5,000 from this months’s high of ₹56,200 while silver has tumbled about ₹12,000 from record highs of ₹78,000.

In global markets, gold prices were steady today at $1,933 per ounce. Traders looked ahead to Federal Reserve Chairman Jerome Powell’s speech at Jackson Hole on Thursday for more clarity on the direction of US monetary policy.

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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Panthera Resources Plc

More articles like this

Panthera Resources Plc

Gold near 2-month high

Gold futures were trading higher on Monday near two-month high as a weaker dollar and lower US Treasury yields supported prices. However, the deteriorating health crisis in India also led to gains. Silver futures declined. The dollar index

Panthera Resources Plc

Gold prices mark highest finish in 7 weeks

Gold futures on Thursday scored their biggest daily gain since March, with prices settling at their highest in seven weeks, as benchmark U.S. bond yields pulled back and rising U.S. tensions with China and Russia boosted the metal’s

Panthera Resources Plc

Gold investing in India came of age in FY21

For a long time, Indians used to splurge on gold. They are the world’s second largest consumers of gold after China. However, gold as an investment, may have finally taken shape in FY21. There were a number of

Panthera Resources Plc

Gold hits over one-week high

Gold prices rose on Tuesday to their highest level in more than a week as a weaker dollar and pullback in U.S. bond yields lifted demand for the safe-haven metal. Spot gold was up 0.4% at $1,734.72 per

Panthera Resources Plc

Yellow metal trades higher

Gold was trading higher in Indian markets on March 30 despite a muted trend in international spot prices but silver was trading lower, below Rs 64000 a kg. On the Multi-Commodity Exchange (MCX), April gold contracts were trading higher by

Panthera Resources Plc

Gold steadies as market awaits Powell remarks

Gold prices were little changed on Tuesday as investors awaited comments on U.S. economic health from Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen later in the day. Spot gold XAU= was almost unchanged at $1,738.50 per ounce

Panthera Resources Plc

Gold rises 1% after Fed reaffirms dovish stance

Gold prices rose over 1% on Wednesday after the U.S. Federal Reserve reiterated its accommodative monetary policy which also weakened the dollar. Spot gold rose 0.8% to $1,743.93 per ounce by 1642 EDT, after gaining as much as

Panthera Resources Plc

Gold gains as US Treasury yields slip

Gold prices firmed on Tuesday as U.S. Treasury yields eased, while investors awaited a U.S. Federal Reserve meeting which is likely to tackle concerns over rising inflation. Spot gold rose 0.2% to $1,735.76 per ounce by 0600 GMT,