Gold rate

Gold prices are moderately up and have hit a six-week high in early U.S. trading Monday. Some new geopolitical developments in the Middle East and an increasingly bullish near-term technical posture are prompting more trader and investor buying interest in the yellow metal. Gold prices are now…

Geopolitical tensions emanating from North Korea will not have any impact on gold for the time being, Mallya said. On the MCX, gold had touched a high of Rs 29,785 per 10 gm on February 27.

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Professional jewelers and jewelry appraisers often use gold acid tests to determine gold jewelry’s value. Different acids react differently when dripped on specific base metals, allowing you to tell how pure your gold is. Since gold is so soft, most gold jewelry today is made of an alloy of some kind.

Gold traders will be keeping close tabs on the U.S. dollar and some important technical-chart levels next week to gauge where the yellow metal is headed next.

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Gold Price History of last 50 Years. Gold is considered a safe haven for investment. Top reasons to invest in Gold. Invest in Gold.