Gold Rate Today Rises as US Fed’s Comments Spur Safe Haven Demand

NEW DELHI: Gold and silver gained on Thursday, tracking the trend in global markets, as US Fed’s grim warning on economic growth increased safe haven demand.

Meanwhile, fast rising coronavirus patient count, especially in hotspots like Mumbai, and a second wave of infections in other countries made investors jittery. India has reported 78,000 coronavirus cases by now.

Gold futures were up 0.29 per cent or Rs…

View entirety: Economic Times