Buy Multi Commodity Exchange; target of Rs 1470: ICICI Direct ICICI Direct is bullish on Multi Commodity Exchange recommended buy rating on the stock with a target price of Rs 1470 in its research report dated June 26, 2020.
Gold prices today scale fresh record high, top Rs 56,000 mark Gold prices rose by Rs 225 to Rs 56,590 per 10 gram in the national capital on Thursday, in line with a strong rally in international price of the precious metal, according to HDFC Securities.
Gold prices today trade near record high as Covid-19 rages on Globally, gold prices held steady near record highs on Thursday as a weaker U.S. dollar and hopes of more stimulus measures to mitigate the economic fallout from the pandemic underpinned the metal's safe-haven appeal.
Gold prices today hit fresh record high, near Rs 54,800 India has reported over 19 lakh Covid-19 cases by now with nearly 40,000 deaths. Gold tends to gain when interest rates are low and political and economic uncertainties are high.