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Panthera Resources Plc

Gold rise in futures trade amid strong demand

Gold prices rose 0.15 per cent to Rs 37,903 per 10 gram in futures trade on Monday as speculators widened their bets on spot demand.

On the Multi Commodity Exchange, gold contracts for December delivery traded higher by Rs 58, or 0.15 per cent, at Rs 37,903 per 10 gram in a business turnover of 19,690 lots.

Gold for delivery in February next year also traded higher by Rs 69, or 0.18 per cent, at Rs 38,206 per 10 gram in a business turnover of 2,861 lots.

Panthera Resources Plc (LON:PAT) was incorporated in the UK and Wales in 2017. The company is focused on its gold exploration and development projects in India and West Africa and the optimisation of other mineral projects.

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