Advertisement
Singapore markets close in 4 hours 20 minutes

  • Straits Times Index

    3,316.64
    +8.74 (+0.26%)
     

  • Nikkei

    39,081.64
    +464.54 (+1.20%)
     

  • Hang Seng

    18,930.02
    -265.58 (-1.38%)
     

  • FTSE 100

    8,370.33
    -46.12 (-0.55%)
     

  • Bitcoin USD

    69,504.73
    -24.75 (-0.04%)
     

  • CMC Crypto 200

    1,511.00
    -15.41 (-1.01%)
     

  • S&P 500

    5,307.01
    -14.40 (-0.27%)
     

  • Dow

    39,671.04
    -201.95 (-0.51%)
     

  • Nasdaq

    16,801.54
    -31.08 (-0.18%)
     

  • Gold

    2,373.80
    -19.10 (-0.80%)
     

  • Crude Oil

    77.04
    -0.53 (-0.68%)
     

  • 10-Yr Bond

    4.4340
    +0.0200 (+0.45%)
     

  • FTSE Bursa Malaysia

    1,627.79
    +5.70 (+0.35%)
     

  • Jakarta Composite Index

    7,222.38
    +36.34 (+0.51%)
     

  • PSE Index

    6,628.84
    +21.62 (+0.33%)
     

India gold prices jump 6 percent to highest in nearly 3 years

Reuters

MUMBAI (Reuters) - Gold prices in India jumped 6 percent on Friday to their highest level in nearly three years following gains in overseas markets and on a weaker rupee. At 0457 GMT, the key gold contract for August delivery on the Multi Commodity Exchange was up 6 percent at 31,708 rupees per 10 grams, the highest level since Sept. 9, 2013. Global gold prices jumped 6 percent on Friday after partial results in a UK referendum put Britain on the brink of leaving the European Union, boosting the appetite for safe-haven assets. The Indian rupee was trading at 68.1350/68.1400 to the dollar at 0504 GMT after tumbling to as low 68.22 in early trade, its weakest since March 1. (Reporting by Rajendra Jadhav; Editing by Biju Dwarakanath)