Gold prices in India hit a record high as pandemic struck the economies

Name: Gold prices in India hit a record high as pandemic struck the economies
Uploaded: 2020-07-23T15:37:20+00:00
Duration: 1 min 5 s
Channel: BizVd
Description: Gold futures on MCX (Multi Commodity Exchange) reached an all-time high of 49,996 rupees per 10 grams in early trade, taking their gains to 28% in 2020 after rising a quarter in 2019.<br /><br />Consequently, the hike in price lowered the demand for gold in INDIA, the world’s second-largest consumer of the precious metal.<br />

BizVd

Gold futures on MCX (Multi Commodity Exchange) reached an all-time high of 49,996 rupees per 10 grams in early trade, taking their gains to 28% in 2020 after rising a quarter in 2019.  Consequently, the hike in price lowered the demand for gold in INDIA, the world’s second-largest consumer of the precious metal.

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