INSUBCONTINENT EXCLUSIVE:
Gold price on May 26: Yellow metal has risen againGold and silver prices on Wednesday went up higher in Indian markets, owing to rise in
and US dollar and renewed coronavirus surge in many parts of the world has helped gold rebound in international markets.Spot gold was steady
at $1,899.11 per ounce, after hitting its highest since January 8 at $1,899.11 on Tuesday
The dollar index was pinned near a 4-1/2-month low against its rivals, making gold cheaper for other currency holders.Gold and silver
extended gains on Tuesday amid disappointing United States consumer confidence and new home sales data
Both precious metals settled on a positive note in the international markets.Gold June futures contract settled at $1898.00 per troy ounce,
and silver July futures contract settled at $28.05 per troy ounce
Both precious metals settled on a positive note in the domestic markets as well.
