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Gold price gains Rs 314 to Rs 40,851 per 10 grams, silver jumps to Rs 47,795 per kg

Gold price gains Rs 314 to Rs 40,851 per 10 grams, silver jumps to Rs 47,795 per kg

Wednesday, January 8, 2020, 8:49 PM

Gold prices jumped Rs 314 to Rs 40,851/10-gram in the Mumbai bullion market as investors took cover in the safe-haven metal after Iran fired rockets at Iraqi airbase that hosts US forces to avenge the killing of General Qassem Soleimani. The precious metal hit a new lifetime of Rs 41,253 in morning trade but pared some gains later as investors awaited US' reaction.
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