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Gold prices today jump, Silver surges 10% in just 3 days

From livemint.com

Gold and silver prices in India moved higher today, in line with a strong global rally in precious metals. On MCX, October gold futures moved 0.35% higher to ₹55,290 per 10 gram. September silver futures moved 1% higher to ₹72,600 per kg. In the previous session, gold had risen over 1% or ₹580 per 10 gram, hitting ₹record high of ₹55,597. Silver had surged 3.2% or ₹2250 per kg, extending Tuesday's ₹4,200 gain. In global markets, gold prices were flat today, supported by weaker US dollar and hopes of more stimulus measures. Spot gold was steady at $2,039.75 per ounce, after hitting an all-time high of $2,055 in the ... (full story)

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  • Category: Fundamental Analysis