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Gold glitters on Fed rate cut hope, China demand
The Morning Standard
|April 02, 2024
DOMESTIC gold futures rose to all-time high of ₹69,487 per 10 grams on Monday on the back of possible rate cut from the US Federal Reserves and increased Chinese demand. Prices jumped 10% since January.
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Silver prices also jumped ₹1,120 to 78,570 per kilogram.
In Multi Commodity Exchange (MCX) futures trade, the June contract of gold climbed to 68,679 per 10 grams and overseas spot COMEX climbed to $2,265.75 per ounce.
Cette histoire est tirée de l'édition April 02, 2024 de The Morning Standard.
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