Shinning Bright: Gold prices rise by Rs 990, highest in 11 months
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The gold prices on Friday rose by Rs 990 to Rs 31,350 per 10 grams over global cues. This has been the highest price in 11 months.
The increase in sales by local jewellers also boosted the gold price. The yellow metal had lost Rs 240 in last two days. At international front, gold hit the highest in over a year after the US jobs data got release, which was much weaker than expected. The escalating tension between North Korea and US also catered to high price as investors ran towards safe haven assets.
At the Multi Commodity Exchange, gold for delivery in October was trading higher by Rs. 98 or 0.32 per cent at Rs. 30,380 per 10 gram. The metal for delivery in far-month December also was up by Rs. 67, or 0.22 per cent to Rs. 30,511 per 10 gram.
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"This is the current agenda for PM Modi, nothing else. There is strong public opinion against 'One nation, One election' because there is a perception that it will destroy the multi-party democratic system in the country.
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In view of the upcoming assembly election, Maharashtra Deputy Chief Minister Ajit Pawar visited Malad for the election campaign on Friday.
On October 28, Maharashtra Deputy Chief Minister and NCP chief Ajit Pawar filed his nomination from the Baramati assembly seat. Ajit Pawar split the NCP in June 2023.
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Oil marketing companies have raised the price of commercial LPG cylinders in major cities, with the new rates effective from November 1.
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The morning after Diwali, residents of Delhi, Noida, Gurugram and other areas in the National Capital Region awoke to a thick layer of toxic smog. Many locations in Haryana reported air quality indices (AQI) categorized as 'poor' and 'very poor' during the Diwali celebrations.
In Anand Vihar, Delhi, the AQI reached a concerning 395 at 6 AM on November 1, according to the Central Pollution Control Board (CPCB). The air quality deteriorated further on Diwali night, with PM2.5 levels rising sharply, creating hazardous conditions for respiratory health.
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