Home » Market News » DirectorsTalk Highlights » Gold prices rise today
anglo pacific group plc

Gold prices rise today

Gold prices were higher today in Indian markets, reflecting the same global trend. On MCX, August gold contracts were 0.31% higher at ₹34,637 while October contracts rose 0.08% to₹35,431. Some profit-taking was seen in silver prices, with September contracts on MCX falling 0.70% to ₹41,287. In global markets, gold was steady at $1,430.74 per ounce, on track for a third straight month of gains.

Expectations for an interest rate cut by the US Fed and other major central banks have lifted gold prices by over 12% so far this year. 

Anglo Pacific Group plc (LON:APF) has a 2.5% life of mine NSR royalty on the El Valle-Boinàs/Carlés (‘EVBC’) gold, copper and silver mine owned by TSX-listed Orvana Minerals Corp (‘Orvana’). EVBC is located in the Rio Narcea Gold Belt of northern Spain.

To read the full news article please click here

Receive our exclusive interviews – Enter your email to stay up to date.

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