Bullion in domestic markets closed well short of its all time high depsite gold internationally inching towards its new six year highs. Standard gold closed at Rs 5,865 while the TT bar closed at Rs 68,800. Silever of 0.999 purity closed at Rs 8,210 per kilogram.
The threat of war in Iraq nudged gold higher in Asia on Monday. Gold, which is usually a telling indicator of the strife in geopolitical areas and economic uncertainty, was fetching $371.50/372.25 at 0530 GMT, up from $368.10/85 quoted late in New York on Friday.
In Europe, opened at $369.75/370.50 an ounce at 0700 GMT, up from $368.10/368.85 at Friday
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app