INSUBCONTINENT EXCLUSIVE:
Gold Price Today: Yellow metal touched week's high while silver also showed huge riseGold rates on Multi Commodity Exchange on Thursday
Rs 47,577.Silver September futures witnessed a huge rise as they went up by Rs 813 to reach Rs 67,203 per kg
In the previous session, silver futures had ended at Rs 66,390 per kg.Internationally, gold prices went up to their highest level in a week
in the aftermath of the US Federal Reserve did not give a specific time frame for tapering plans and also indicated that raising interest
rates may not happen immediately.Spot gold rose to $1,815.56 per ounce, while US gold futures went up to $1,815.30 per ounce.Gold watchers
said that spot yellow metal rates showed recovery from lower depths after the US Federal Reserve did not give clear picture regarding
tapering of economic stimulus
The statement's impact reflected on the US dollar.
