Gold MCX Update – Just Watch 31570, Agar Gold 31570 Ke Uppar Band Hua – Gold Next Target 31930 —32030
NEW DELHI: Gold surged by Rs 555 to reach Rs 32,030 per 10 gram at the bullion market Wednesday, taking positive leads from global markets amid fresh buying by local jewellers.
Global gold prices hit highest in more than a week on Wednesday as the dollar softened and demand for the safe-haven metal got a boost on concerns surrounding Italy’s plans to tackle budgetary deficit. Risk appetite was hit after European Union (EU) officials expressed concerns about Italy’s budget plan, which would widen the deficit significantly.
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Gold Silver Reports (GSR) — GOLD PRICES rose against all major currencies but leapt versus the Euro on Tuesday as the coalition government in Italy refused to cut its 2019 budget deficit plans in defiance of senior European Union figures.