Gold futures for April delivery hit a fresh record high of above Rs 43,000 per 10 gm on February 24, tracking gains in international spot prices and a weaker rupee.
The Indian rupee opened 24 paise lower at 71.89 per dollar on February 24 against the previous session’s 71.65.
International gold prices rose more than 2 percent to their highest in more than seven years, as a spike in coronavirus cases beyond China pushed investors to take refuge in the safe-haven metal, said a Reuters report.
Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana.