Gold rate advances today

Gold and silver prices advanced on Friday, in-line with global markets as poor macro data weighed on sentiments. No sign of ease in tensions between the US and China also helped the cause of safe haven assets.

Data on Thursday showed the number of Americans filing a new claim for unemployment benefits rose unexpectedly back above the 1 million mark last week, a setback for a struggling US job market crippled by the COVID-19 pandemic.

Gold futures on MCX NSE 0.56 % were up 0.42 per cent or Rs 219 at Rs 52,370 per 10 grams. Silver futures gained 1.42 per cent or Rs 957 to Rs 68,552 per kg.

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.

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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.