Gold shines since the outbreak of coronavirus

Published On: Thursday, February 27, 2020 | By: Team KnowMyStock

Gold prices rise today as coronavirus outbreak spurs safe-haven demand. In the international market, gold is heading towards multi-year high levels now. Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high. In domestic market, Gold April futures were trading Rs 241 or 0.57 per cent higher at Rs 42,745 per 10 grams, while the silver March futures were ruling at Rs 47,025 per kg, up to Rs 473 or 1.02 per cent on MCX. The year 2020 has so far been a golden one for gold and the rally is following one of the best years - 2019 - when global prices rose around 18 per cent and domestic prices rallied 24 per cent.

Closing Bell: Sensex gains 85 points, Nifty at 18755.90

Closing Bell:Sensex gains 418 points, Nifty at 18716.15

MARKET UPDATE: Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600

Closing Bell: Sensex down 223 points, Nifty at 18,563

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

MARKET UPDATE: Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels

MARKET UPDATE: Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels

MARKET UPDATE: Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels

Closing Bell: Sensex up 240 points, Nifty at 18593.85

MARKET UPDATE: Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels

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