In global markets, gold prices jumped over 2% today to their highest in over seven years as a spike in coronavirus cases outside China pushed investors towards bullion, which is considered a safe-haven in times of uncertainty. Spot gold rates rose to as much as $1,678.58 an ounce.
Gold Price Today
Gold Prices Hit Life Time High, up ₹1,800 per 10 gram With in 5 Days
In global markets, gold prices on Friday jumped 1.6% to $1,646.20 an ounce as coronavirus concerns increased the safe-haven appeal of gold. Though China reported an uptick in new cases of coronavirus today, the rise in infections remained at its slowest pace since January.
Gold futures prices finish higher as renewed coronavirus fears buoy haven assets
Gold futures prices – Precious metals prices are also benefiting from a slide in rates of government bonds, which have drawn bids due to the reignited fears of the viral illness emanating from China and its potential to hurt global economic growth.
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Gold Futures Prices Today: Gold Silver Up as Coronavirus Death Toll Nears 500
Gold futures prices were up 0.49 per cent to Rs 40,169 per 10 grams, while silver futures were up 0.49 per cent at Rs 45,755 per kg.