Gold prices in India jumped 1% on Monday to record levels, following gains in ov...
FILE PHOTO: A salesman arranges gold bangles inside a jewellery showroom on the occasion of Akshaya Tritiya, a major gold-buying festival, in Mumbai, May 7, 2019. REUTERS/Francis Mascarenhas/File Photo
MUMBAI - Gold prices in India jumped 1% on Monday to record levels, following gains in overseas markets and as the rupee fell to the lowest level in 2019, dampening retail demand further in the world’s second-biggest consumer of the precious metal, dealers said. Local gold futures hit an all-time high of 39,196 rupees per 10 grams in early trade, taking their gains to nearly 25% in 2019.
The rupee plunged to its lowest level in 2019 on Monday after a sharp re-escalation in the U.S.-China trade war whacked investor confidence and darkened the global economic outlook. Local silver futures were 1% higher at 45,058 rupees per kg, after rising to 45,148 rupees earlier in the day, the highest since Oct. 3, 2016.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
India in command against West Indies after third dayIndia strengthened their grip on the first test against West Indies with an unbe...
Consulte Mais informação »
Crowdfunding may help bridge wealth gap in IndiaA young man raises money to fund his kidney transplant operation. Others fund their education through donations. Crowdfunding sites are getting more popular in India as they are around the world.
Consulte Mais informação »
China July soy imports from U.S. up three-fold as cargoes booked during truce arriveChina's July soybean imports from the United States jumped three-fold from ...
Consulte Mais informação »
An 8-year-old girl was shot dead in St. Louis near a high school eventAn 8-year-old girl was killed and three other people were injured in a shooting near a preseason high school football event Friday night in St. Louis, police said.
Consulte Mais informação »
India in command against West Indies after third dayIndia strengthened their grip on the first test against West Indies with an unbe...
Consulte Mais informação »