India News | Spot Gold Markets Remain Shut Due to Countrywide Lockdown: HDFC Securities
Get latest articles and stories on India at LatestLY. Spot gold markets remained shut for trading on Thursday due to a countrywide lockdown, while in the international market, the precious metal was quoting higher, according to HDFC Securities.
New Delhi, May 28 (PTI) Spot gold markets remained shut for trading on Thursday due to a countrywide lockdown, while in the international market, the precious metal was quoting higher, according to HDFC Securities.
Gold in the international market was quoting higher at USD 1,720 per ounce and silver at USD 17.35 per ounce.
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"Gold prices pared early losses and witnessed buying on Thursday on persisting tensions between the US and China. Investors rushed to safe-haven buying in gold," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)