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.
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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.
MCX Gold prices Zoom Today after Slip ₹1,200
MCX Gold prices edged higher today after seeing a sharp fall in the previous two sessions. On MCX, gold prices moved 0.5% higher to ₹40,188 per 10 gram.