Gold and silver prices today surged in Indian markets, tracking similar global trends. On MCX, February gold futures jumped ₹600 to ₹50,826 per 10 gram while silver rose ₹1,700 to ₹69,800 per kg. Gold prices had been trading in a very narrow range over the past two weeks. Concerns over a surge in coronavirus cases in some parts of the world were offset by rollout of coronavirus vaccines. In the previous session, gold had risen 0.17% while silver had ended flat.
In global markets, gold prices today rose to near two-month highs, supported by a weak dollar and concerns about a surge in new coronavirus cases around the world. In spot market, gold rose 1% to $1,917.76 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.