Latest News
-
Honasa Consumer to Strengthen Operations by Merging Fusion Cosmeceutics and Just4Kids -
Wipro Reports 7.8% Decline in Q4 Net Profit; CEO Highlights Economic Challenges -
IREDA Hits Record Annual PAT of Rs 1,252 Cr in FY24; Q4 Profits Up by 33% -
Massive Employee Exodus Hits India's Top IT Companies in FY23-24 -
Air India Enhances Operational Efficiency with New Crew Management System -
BlackRock Acquires Shares in Electrosteel Castings and PTC India for Rs 207 Crore -
IndiGo Enhances Domestic Routes with Direct Chennai-Durgapur Flights -
Tesla to Recall Nearly 4,000 Cybertrucks Over Accelerator Pedal Fault -
Reliance, ONGC, Tata, Adanis: Energy Stocks Didn't Get The Memo Of Bears, Up 12% In 30-Days; 10 Stocks To BUY -
Sebi to Enhance Price Discovery for Firms Trading Below Book Value
Gold rises with global uncertainty alarm
Gold for December delivery on MCX opened high at Rs 28,490 per 10 grams and was seen trading in the range of Rs 28,550 – Rs 28,563 per 10 grams. It touched a high of Rs 28,575 in an early hours of the trade.
While, gold for February delivery was up by 0.48% and was seen trading at Rs 28,868 – Rs 28,869 per 10 grams.
The recent jump in the prices of gold is seen after six weeks with the return of investors' insecurity about the other investment assets.
On the Euro zone front, Greek Prime Minister decided to quit after creating a new government to get a bailout package.
The political instability in the euro zone's third largest economy, Italy continues, where Prime Minister Silvio Berlusconi withstood pressure to resign.
International gold prices were seen trading in the range of US $1,791.68 an ounce.
GoodReturns.in
