GOLD PRICES

In the wake of rising concerns over the COVID-19 Delta variant, the gold contracts for August delivery rose by 0.43% to Rs. 47,237 per 10 gm. Similarly, the silver rates were also raised by 0.43% to hit the intraday high of Rs. 68,449 per kg. However, the gold price possessed a hike on July 2 after which several US investors are keeping an eye on the Federal Reserve's monetary policy shift.