Gold rates scale historic level of USD 2,000 per ounce

Gold rates scale historic level of USD 2,000 per ounce

New York/London: The gold rate spurted on Tuesday against the background of the Coronavirus pandemic, enormous funding by the central banks of various countries and the rising tension between the United States and China. In the transactions in the US markets, the value of gold jumped by 1.7%, reaching the historic high of USD 2,021 […]

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Gold prices rise to Rs 52,000 per ten grams

Gold prices rise to Rs 52,000 per ten grams

New Delhi: – Against the background of the ever-rising tension between the United States and China, the Gold rates jumped in the international market. The Gold rates in India also reached record levels, given the international price rise. The Gold rates on the Multi Commodity Exchange (MCX) rose by 1.5%, reaching ₹52,127 per ten grams. […]

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Gold rates in India hike at a record high

Gold rates in India hike at a record high

New Delhi- Even though the demand for gold has reduced by a great measure, the gold rates have, however, hit a record high rate. The gold rate has reached ₹48,000 per 10 grams. On Monday morning, the gold rates jumped to ₹881. 9 April onwards, the gold rates have increased to ₹2,728. This year, gold […]

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Global economy takes a major hit due to Coronavirus, oil, stock markets crash, gold rates increase

Global economy takes a major hit due to Coronavirus, oil, stock markets crash, gold rates increase

London/New York: It is evident on the international level that the intensity of the Coronavirus epidemic, which has locked down China, the second largest economy of the world, is increasing by the day. While there is a steady rise in the number of deaths and people infected, the negative impact is apparent in the global […]

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Investment in gold bonds increased by 400%, in view of the warnings of global recession  

Investment in gold bonds increased by 400%, in view of the warnings of global recession  

London: The gold bonds are observed to be in great demand, against the background of the warnings issued regarding the impending global recession. As per a report published by the international group, World Gold Council, the investments in ETFs (Exchange Traded Funds), backed by gold, have registered an increase in investment by a whopping 426%. […]

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Fuel rates slide along with the stock markets under fears of the Wuhan virus epidemic, gold rates predicted to cross USD 1,600 per ounce

Fuel rates slide along with the stock markets under fears of the Wuhan virus epidemic, gold rates predicted to cross USD 1,600 per ounce

London/Washington/Beijing: The global economy is being hit because of the outbreak of the Wuhan virus, which is spreading rapidly in China and the other countries. The investor concerns are increasing with the increasing number of patients infected with Wuhan virus in China, and in effect, the US, European and Asian markets have crashed. Following the […]

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