Skip to main content

Gold price falls in a row after hitting record high

Gold prices fall for third day in a row after hitting record highs. Gold prices in Indian edged lower today, declining for the third day. But the losses have been moderate as concerns over rising coronavirus cases have supported global rates. On MCX, golddipped 0.02% to ₹47,930 per 10 gram.
Gold prices in global markets were flat today as a surge in coronavirus infections across the world propped up the safe-haven demand of the precious metal. Spot gold was up 0.1% to $1,775.97 per ounce. Among other precious metals, platinum rose 0.8% to $806.30 while silver eased 0.1% to $18.02.
Spot gold has risen 17% this year as lower interest rates around the world and widespread stimulus measure from major central banks have boosted demand for the metals. Gold is widely viewed as a hedge against inflation and currency debasement.

Comments

Popular posts from this blog

online classes during lockdown

The coronavirus pandemic has resulted in the closure of schools and colleges across the country. Education has changed dramatically over the last two months, with a considerable rise of e-learning, whereby teaching is executed remotely and on digital platforms.  1. Online Competency-Based Learning Competency-based learning allows a student to attain transferable skills and competencies.  Such teaching is learner-focused and not dependent on any other factor. The important aspect that every student has a different learning style and level of engagement usually go unaddressed in regular offline classes where many students hesitate in interacting with the teacher due to peer competition or domineering students in the class. The online classes offer flexibility and the ability for students to drive the learning of a competency. The major focus is on skills, knowledge, and/or behaviour, tied with strategic objectives. 2. Creating High Calibre Learning Pathways for Future  ...

Lalbaug Cha Raja all Images till 2019.

 

IPL 2020 likely to be played in the UAE between September and November

 IPL 2020 to be held from 19 September to 8 November in UAE, confirms chairman Brijesh Patel. New Delhi: The eagerly-awaited Indian Premier League will start on 19 September in the United Arab Emirates (UAE) with the final slated on 8 November, IPL chairman Brijesh Patel told PTI on Friday of IPL was originally scheduled to start from March 29 this year, however, the tournament was postponed to April 15 after the Indian government announced a nation-wide lockdown to combat coronavirus