Yellow metal touches week’s high

Gold rates on Multi Commodity Exchange on Thursday reached a week’s high level as yellow metal August futures were trading at ₹ 47,780 per 10 gram, up by ₹ 203 from the previous close of ₹ 47,577.

Internationally, gold prices went up to their highest level in a week in the aftermath of the US Federal Reserve did not give a specific time frame for tapering plans and also indicated that raising interest rates may not happen immediately.

KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
KEFI Gold and Copper

More articles like this

Gold surge signals deepening doubts in the dollar

As gold prices shatter records and global central banks quietly shift their reserves, investors are seeing more than just a rally in precious metals—they’re witnessing a growing global scepticism about the future of the US dollar.

KEFI Gold and Copper

Gold soars to new heights

Gold prices surged past previous records on Monday, driven by a wave of safe-haven demand following fresh tariff threats from U.S. President Donald Trump. As global trade tensions escalate, investors are piling into the precious metal,