Gold was trading higher in India on December 21, tracking a positive trend seen in international spot prices as investors cheered news that a US fiscal stimulus deal was within reach. Silver, too, was up about 3 percent.
On the Multi-Commodity Exchange (MCX), February gold contracts were trading higher by 0.73 percent at Rs 50,670 per 10 gram at 0920 hours. March silver was trading 2.85 percent higher at Rs 69,842 per kilogram.
US congressional leaders have reached an agreement on a $900-billion package to provide the first new aid in months to the coronavirus-hit economy, the Senate’s top Republican and Democrat leaders said on Sunday, with votes likely on Monday, a Reuters report said.
KEFI Gold & Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.