Gold and silver prices edged higher in Indian markets, tracking positive global cues as new coronavirus-related restrictions in some countries lifted the safe-haven appeal of the precious metals. On MCX, February gold futures were up 0.2% to ₹49,035 per 10 gram while silver futures gained 0.26% to ₹63,634 per kg. In the previous session, gold prices had slumped about 0.8% while silver had declined 0.5%. “At MCX, gold February prices have near term resistance at Rs. 50200 per 10 grams and support at Rs. 48500 per 10 gram,” HDFC Securities said in a recent note.
In global markets, gold prices edged higher today as investors assessed the likelihood for further virus-related economic restrictions amid surging covid-19 cases in many countries. Gold prices edged up 0.2% to $1,831.9 per ounce while silver rose 0.2% to $23.87 an ounce.
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.