Gold prices rallied Rs 700 to Rs 76,350 per 10 grams in the national capital on Friday amid a rise in precious metal rates globally. On Thursday, the yellow metal of 99.9 per cent purity had closed at ...
Spot gold was up 0.7% at $2,604.50 per ounce by 0749 GMT after hitting a record high of $2,609.62. U.S. gold futures rose 0.6% to $2,630.00, while silver gained 1.1% to $31.12.
Gold is a quite good asset for risk-off moments.” I totally agree. I believe Citigroup is correct, and $3,000 an ounce is within reach. Perhaps as soon as year-end. We now have strong buying from ...