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Goldplat plc

Gold prices back on rising trend

Gold is back on rising trend after Thursday’s sharp fall. On MCX, October gold contracts were up 0.44% to ₹37,925 per 10 grams. Earlier, this week, gold prices had hit a new high of₹38,488. Silver prices also perked up today after Thursday’s losses. Silver futures rose 0.8% to ₹43,417. In global markets, spot gold prices held near the more than six-year peak, rising 0.3% to $1,505.20 an ounce as investors sought the safety of the precious metal amid US-China trade tensions.

Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.