Gold prices hit all-time high on Tuesday: Check Delhi price

02 Juillet, 2020, 07:20 | Auteur: Auguste Feret
  • Gold prices hit all-time high on Tuesday: Check Delhi price

At 11:20 am, gold futures for August delivery rose 0.21 percent to Rs 48,405 per 10 grams as against the previous close of Rs 48,305 and opening price of Rs 48,365 on the MCX.

In the worldwide market, spot gold firmed near an eight-year peak of $1,788.06 per ounce on Wednesday, as a spike in coronavirus cases in the U.S. and many other countries has cast a shadow on hopes for a quicker global economic recovery, driving inflows into safe-haven assets.

Meanwhile, global prices of the precious metal increased further after top United States pandemics expert Anthony Fauci on Tuesday warned that the number of new Covid-19 could grow to 100,000 daily without proper social-distancing and other safety measures, triggering fears of a second wave of infections in the U.S. and other countries. Silver July futures also collapsed by 0.50 per cent to Rs 48,123 per kilogram.

Experts are of the view that both Gold and Silver are likely to trade sideways.

"International bullion prices have started flat this Thursday morning in Asian trade after witnessing some profit booking on Wednesday". U.S. gold futures rose 0.5 percent to $1,788.40 per ounce. "Moreover, it is expected to trade in a sideways momentum in the range of Rs 48,000-48,700 levels", he said.

NZ Health Minister resigns after breaching lockdown rules
Instead, she stripped Clark of his role as associate finance minister and demoted him to the bottom of the Cabinet rankings. Ms Ardern said he had thought through what had happened in the past weeks and this was his view that he needed to go.

'Ozark': Netflix renews series for fourth and final season
It has been announced that Netflix has renewed its Emmy-winning series, Ozark , for a fourth and final season. Ozark's Twitter account confirmed the news with a post, which read: "They're going to go out with a bang".

Bandana is least effective form of face mask, study says
He says you should keep it in a clean bag if you plan to reuse it and wash it every day with hot soapy water. In their experiment, the bandana had the highest count and was the least effective.

Gold has crucial support at $1,755 per troy ounce/Rs 4,7920 on a closing basis and a break and sustains below only will show further weakness, else it will test resistance levels of $1,788-1,800 per troy ounce/Rs 48,350-48,580 levels again.

"On MCX, resistance for gold prices is placed at Rs 48,850 level while support is seen at Rs 48,000", Kedia added. "In general, the market sentiment is that for the coming six months to one year the gold prices are likely to cross $2,000 per ounce, which comes to roughly Rs 55,000 per 10 gm", he said.

"US-China tensions have added to challenges to global economy".

"Consumer demand remains weak amid higher price and slack economic growth".



États-Unis: l'emblème confédéré officiellement retiré du drapeau du Mississippi
S'ils le rejettent, l'État n'aura pas de drapeau tant qu'un nouveau dessin n'aura pas été approuvé. Les citoyens du Mississippi devront se prononcer sur le nouveau drapeau en novembre.

How Davis Bertans' decision to sit out NBA's restart impacts Nets
Only James Harden, Damian Lillard and Buddy Hield are averaging more made threes per game (3.7) than Bertans. Washington is 24-40 and is in ninth place in the Eastern Conference.

California's Newsom creates 'strike teams' to enforce business shutdowns amid coronavirus surge
Those 19 counties cover 72% of California residents, and the list includes Los Angeles , Sacramento and San Joaquin counties. These specific businesses have the option to move their operations outdoors, if this is not possible then they must close.

Two new cases of coronavirus reported in Ellis Co
Four more COVID-19 cases in Bureau County have been recorded on the Bureau, Putnam, Marshall County Health Department. There are now currently three active COVID-19 cases in Marshall County and six active cases in Bureau County.

Zanardi toujours dans un état grave après une opération
"Cet examen diagnostique a montré une évolution de l'état du patient qui a nécessité le recours à une seconde neurochirurgie". Nos professionnels évalueront jour après jour l'évolution de la situation.

Derby defender Andre Wisdom 'stabbed in the head'
Merseyside Police said Wisdom was walking in Beaumont Street in the Toxteth area of the city at about 04:30 BST when he was assaulted.

US coronavirus cases rise by 47,000
Not all excess deaths potentially linked to Covid-19 would be the direct result of infection on its own, they pointed out. Epidemiologists and researchers have monitored excess death data in a bid to track influenza morality for than a century.

Amazon spending over $500M on worker bonuses
Amazon also announced that all front-line Amazon and Whole Foods leaders will receive $US1,000 bonuses. At the time, some workers said that Amazon was ending the pay raise prematurely .

China Targets US News Outlets
The US State Department announced restrictions on five Chinese media outlets in February , alleging they were being used to spread propaganda.

South Pole warming three times faster than rest of Earth
The crew reported the great period of time was down to normal local weather designs that come about in 20- to 30-12 months cycles. Industry experts aren't confident what causes the improve in the IPO, but haven't ruled out human exercise.