Gold soared well above $1900 per ounce as safe haven buying got a boost amid heavy correction in risky assets. Equities tanked amid growing fears of a full-scale Russian invasion of Ukraine. Soaring inflation also pushed up Gold to near one year high and the metal currently trades up 1.1% at $1930 per ounce. Eurozone inflation rose to a record high in January, as initially estimated, driven by surging energy prices, final data from Eurostat showed on Wednesday. Inflation rose to a record 5.1% in January from 5% in December. Bitcon slumped more than 6% to test a one month low near $35500. MCX Gold should find this supportive. The local futures closed at Rs 50389 per 10 grams in last session, up 0.12% on the day.
Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
