Surat, May 11 (IANS) Supporting Prime Minister Narendra Modi’s appeal to avoid non-essential gold purchases in order to save foreign exchange reserves, industry experts on Monday said that gold should not be viewed merely as a consumption item, but also as a key pillar of India’s culture, savings tradition, financial security and women’s empowerment.India Bullion and Jewellers Association (IBJA) Gujarat President Nainesh Pachchigar said the Prime Minister’s call could help conserve valua…
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New Delhi, Jan 21 (IANS) Gold futures on the MCX surged over Rs 4,100 or 4 per cent on Wednesday to a fresh record high, as investors jumped to buy safe‑haven assets amid fears of a widening US‑EU trade conflict and a softer dollar.MCX gold February futures rose 4.25 per cent to Rs 1,56,970 per 10 grams. Meanwhile, MCX silver March futures rose 2.71 per cent to Rs 3,32,451 per kg.International markets also saw new peaks as US gold futures jumped to $4,849 per troy ounce on COMEX. COMEX silve…