Gold and silver prices in India soared today, tracking firm global rates. On MCX, gold rose nearly ₹800 to one-month high of ₹52,200 per 10 gram – the biggest single day gain in one month. Silver futures jumped 1.2% to ₹58,250 per kg. In global markets, the yellow metal rose 0.7% to $1,777.91 per ounce, supported by a pullback in the dollar and US Treasury yields.
The price of non-yielding gold is sensitive to interest rates. Gold traders will be closely looking at the US jobs data due on Friday.
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.