Gold prices surged today globally but more particularly in Indian market as concerns over a new Covid-19 variant spreading in South Africa boosted the metal’s safe-haven appeal. A news report by livemint.com, an online medium, indicated that on India’s MCX, December gold futures rose 1.4% to ₹48,073 per 10 gram while silver futures jumped 0.4% to ₹63420 per […]
South Africa’s economy steeped into its first recession for almost a decade, thus worsening the national currency’s depreciation amid the recent emerging-market rout. A news report by Bloomberg indicated that during the quarter under review, the economy shrank an annualized 0.7 percent, a slump that was far worse than any forecaster had anticipated. According to […]