For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Gold Price Set To Record Best Monthly Gain Since 2016 On Stimukus Measures Globally

|

Gold prices in the international markets has been losing steam as risk sentiment among investors have gained on positive trial results of an experimental Covid 19 and recovery in oil prices in double-digit as storage is filling at a lower rate than expected.

Also, the US Federal Reserve's stance of maintaining zero interest rates and take on any of the measure for combating economic fall-out has helped sentiments.

Gold Price Set To Record Best Monthly Gain Since 2016
 

22K of gold on April 30, 2020 is priced at Rs. 4538 per gm.

In the futures market, gold prices after declining by 1.1% or Rs. 520 in Wednesday's trade climbed on April 30, 2020 by as much as 0.47% or Rs. 216 to Rs. 45,762.

Back home, on Wednesday, gold declined to a one-week low in price as equities were firm in trade and rupee also appreciated to a 1.5 month high. This was also triggered due to profit booking in the precious metal.

GoodReturns.in

Read more about: gold gold price
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more