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Panthera Resources Plc

Gold soars in futures trade amid high demand

Gold prices on Monday surged Rs 419 to Rs 41,816 per 10 gram in futures trade as speculators raised their bets tracking firm trend overseas.

On the Multi Commodity Exchange, gold contracts for April traded higher by Rs 419, or 1.01 per cent, to Rs 41,816 per 10 gram in a business turnover of 5,904 lots.

The yellow metal for delivery in June soared by Rs 493, or 1.19 per cent, to Rs 42,076 per 10 gram in a business turnover of 696 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.