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Goldplat plc

Gold rises on recession fears

Some profit booking can be on cards from higher levels are indicated on the charts, for the day 42,200-42,600 will act as resistance whereas 42,000-41,750 as supports.

Indian Gold April futures rose on March 2 tracking positive trends seen in the international Gold prices which rose more than 1 percent as worries that the coronavirus epidemic could push the global economy into recession sent investors scurrying for safe havens.

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.