Home / Business / Business News / Article / Gold price updates: Prices in Mumbai nears 1.5 lakh mark

Gold price updates: Prices in Mumbai nears 1.5 lakh mark

Gold futures on MCX surged over Rs 4,100 to a record high as investors rushed to safe-haven assets amid fears of a US-EU trade conflict and a weaker dollar. MCX gold rose to Rs 1,56,970 per 10 grams, while silver also gained sharply

Listen to this article :
Representational image. File pic

Representational image. File pic

Amid the global turmoil, gold futures on the MCX surged over Rs 4,100 in the last couple of days to a fresh record high. While the gold on the MCX experienced a sudden spike, investors jumped to buy safe‑haven assets amid fears of a widening US‑EU trade conflict and a softer dollar. 

As reported by news agency IANS, MCX gold February futures rose 4.25 per cent to Rs 1,56,970 per 10 grams. Whereas, MCX silver March futures rose 2.71 per cent to Rs 3,32,451 per kg.

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement