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    Stop the lies against our MCE… Nzema East Assembly members call on the inquisitor news paper.

    A deliberate attempt by the former MCE of Nzema East assembly Hon. Frank opkenye to implicate the current MCE for Mis Dorcas Elizabeth Amoah exposed

    Support Me To Rebrand Nzema East Municipality ..MCE For Nzeman East

    NCA announces measures to ease congestion at SIM card re-registration centres

    Three SHS students arrested for killing navy officer

    Let’s arrest falling standards of education in Kadjebi District—DCE

    Desmond Tutu died: Biography of Desmond Mpilo Tutu South Africa Archbishop Emeritus

    Use this Christmas to reflect on the goodness of the Lord—Asamoah Boateng

    Prof Akwasi Osei, Chief Executive Officer of the Authority

    Mental health cases rise after Christmas – MHA calls for measured celebration

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    Stop the lies against our MCE… Nzema East Assembly members call on the inquisitor news paper.

    A deliberate attempt by the former MCE of Nzema East assembly Hon. Frank opkenye to implicate the current MCE for Mis Dorcas Elizabeth Amoah exposed

    Support Me To Rebrand Nzema East Municipality ..MCE For Nzeman East

    NCA announces measures to ease congestion at SIM card re-registration centres

    Photo Credit: Parliament of Ghana.

    Consensus building in Parliament will suffer if Majority Caucus continues to attack me – Bagbin

    Alban Bagbin

    ‘Blame Joseph Osei Owusu for brawl in Parliament not me’ – Bagbin

    NDC to mark 40th Anniversary of 31st December Revolution

    President Akufo-Addo pays tribute to Desmond Tutu

    Three SHS students arrested for killing navy officer

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    Christian Gyan: Former Ghana and Feyenoord defender dies

    Thirteen players in camp as Black Stars step up preparations for AFCON in Doha

    Hasaacas, Dreamz Ladies seek to maintain winning streak as WPL goes into weak three

    Nyankyerenease wins Kwadaso MP’s inter-community gala

    Black Stars pre-AFCON friendly on Tuesday in Qatar cancelled

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    13th African Games Accra 2023: Launch of Official Logo, Mascot and Website

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    22-year-old Addi Samiratu Amachim crowned Miss Paga 2021

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    Concerts Review: Accra was brought to a standstill on Christmas Day

    Christocentric Street Jam held at Nyankpala

    Samini, KK Fosu reunite at ‘Xperience’ music concert

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    NCA announces measures to ease congestion at SIM card re-registration centres

    BOST undergoes rapid transformation – MD

    Yango rewards outstanding drivers in new promotional championship

    100K for Ghana constructs Kente Village for Kpetoe

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    All set for 2022 Annual Household Income and Expenditure Survey—GSS

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    Youth urged not to give up their good heart desires

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    Three SHS students arrested for killing navy officer

    Let’s arrest falling standards of education in Kadjebi District—DCE

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    NGO paints Dobile Primary/JHS, donates story books

    Tebah Educational Initiative organizes workshop for young professionals

    NGOs support 10 Females in tertiary institutions with school fees

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  • Health

    COVID-19 : Health facilities under pressure as infections surge

    Prof Akwasi Osei, Chief Executive Officer of the Authority

    Mental health cases rise after Christmas – MHA calls for measured celebration

    Covid-19: 8 more deaths recorded; active cases on the rise

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    COVID-19: Nana Addo worried Ghana could be hit with ‘Omicron variant’ travel ban

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    Ghana to receive over 7M doses of COVID-19 vaccines by end of year – GHS

    COVID-19: Our vaccination plan is on course – Health Minister

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    Stop the lies against our MCE… Nzema East Assembly members call on the inquisitor news paper.

    A deliberate attempt by the former MCE of Nzema East assembly Hon. Frank opkenye to implicate the current MCE for Mis Dorcas Elizabeth Amoah exposed

    Support Me To Rebrand Nzema East Municipality ..MCE For Nzeman East

    NCA announces measures to ease congestion at SIM card re-registration centres

    Three SHS students arrested for killing navy officer

    Let’s arrest falling standards of education in Kadjebi District—DCE

    Desmond Tutu died: Biography of Desmond Mpilo Tutu South Africa Archbishop Emeritus

    Use this Christmas to reflect on the goodness of the Lord—Asamoah Boateng

    Prof Akwasi Osei, Chief Executive Officer of the Authority

    Mental health cases rise after Christmas – MHA calls for measured celebration

  • Politics
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    Stop the lies against our MCE… Nzema East Assembly members call on the inquisitor news paper.

    A deliberate attempt by the former MCE of Nzema East assembly Hon. Frank opkenye to implicate the current MCE for Mis Dorcas Elizabeth Amoah exposed

    Support Me To Rebrand Nzema East Municipality ..MCE For Nzeman East

    NCA announces measures to ease congestion at SIM card re-registration centres

    Photo Credit: Parliament of Ghana.

    Consensus building in Parliament will suffer if Majority Caucus continues to attack me – Bagbin

    Alban Bagbin

    ‘Blame Joseph Osei Owusu for brawl in Parliament not me’ – Bagbin

    NDC to mark 40th Anniversary of 31st December Revolution

    President Akufo-Addo pays tribute to Desmond Tutu

    Three SHS students arrested for killing navy officer

  • Sports
    • All
    • Soccer

    Christian Gyan: Former Ghana and Feyenoord defender dies

    Thirteen players in camp as Black Stars step up preparations for AFCON in Doha

    Hasaacas, Dreamz Ladies seek to maintain winning streak as WPL goes into weak three

    Nyankyerenease wins Kwadaso MP’s inter-community gala

    Black Stars pre-AFCON friendly on Tuesday in Qatar cancelled

    Black Princesses progress to final round qualifiers of FIFA U-20 Women’s World Cup

    The Birth and the naming ceremony of Akwele, Akoko and Tawiah of Africa Games 2023

    13th African Games Accra 2023: Launch of Official Logo, Mascot and Website

    2021 Afcon: Minority leader Haruna Iddrisu wants Black Stars technical bench beefed up ahead of tournament

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    COVID-19: National security investigate how Beenie Man escaped from isolation centre

    Family: We want IG model Tyger Booty autopsy done outside Ghana

    22-year-old Addi Samiratu Amachim crowned Miss Paga 2021

    Sarkodie hits 50 million streams on Boomplay

    “I staged the biggest concert in Accra on Christmas Day”—Fancy Gadam

    Concerts Review: Accra was brought to a standstill on Christmas Day

    Christocentric Street Jam held at Nyankpala

    Samini, KK Fosu reunite at ‘Xperience’ music concert

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    NCA announces measures to ease congestion at SIM card re-registration centres

    BOST undergoes rapid transformation – MD

    Yango rewards outstanding drivers in new promotional championship

    100K for Ghana constructs Kente Village for Kpetoe

    Ghana Beyond Aid is to stir the innate abilities of the Ghanaian

    CGIA Holds Second Women in Finance & Investment Awards

    Ecobank Ghana to file an affidavit in opposition to contempt case

    All set for 2022 Annual Household Income and Expenditure Survey—GSS

    “We need reformed mindsets to achieve Ghana Beyond Aid vision”—Dr. Yeboah

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    Youth urged not to give up their good heart desires

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    Let’s arrest falling standards of education in Kadjebi District—DCE

    Graduates urged to nurture habit of personal financial management

    NGO paints Dobile Primary/JHS, donates story books

    Tebah Educational Initiative organizes workshop for young professionals

    NGOs support 10 Females in tertiary institutions with school fees

    NGOs support 10 Females in tertiary institutions with school fees

  • Health

    COVID-19 : Health facilities under pressure as infections surge

    Prof Akwasi Osei, Chief Executive Officer of the Authority

    Mental health cases rise after Christmas – MHA calls for measured celebration

    Covid-19: 8 more deaths recorded; active cases on the rise

    Sammy Gyamfi writes on compulsory COVID-19 vaccinations

    COVID-19: Nana Addo worried Ghana could be hit with ‘Omicron variant’ travel ban

    COVID-19: Travelers who test positive will still go through isolation – Nsiah-Asare

    We’ll meet our target of vaccinating 20 million Ghanaians by end of year – GHS

    Ghana to receive over 7M doses of COVID-19 vaccines by end of year – GHS

    COVID-19: Our vaccination plan is on course – Health Minister

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Gold rate rises amid coronavirus

Ibrahim Alhassan by Ibrahim Alhassan
July 13, 2020
in Business
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Gold and silver edged higher in the morning trade on Monday as worried by rising coronavirus cases in India and other parts of the world, investors rushed away from risky assets and towards a safe haven.

India has reported 8.8 lakh cases of coronavirus till now, the third-highest in the world, with over 23,100 deaths. Due to this many states have increased restrictions on businesses and movement, threatening economic recovery.

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Gold futures were up 0.36 per cent or Rs 177 at Rs 49,040 per 10 grams. Silver futures gained 1.20 per cent or Rs 618 to Rs 51,980 per kg.

Gold prices in the national capital rose marginally to Rs 49,959 per 10 gram on Friday, according to HDFC Securities. Silver declined by Rs 352 to Rs 52,364 per kg. Globally, gold prices rose holding ground above the key $1,800/oz level, as a weaker dollar and worries over surging COVID-19 cases around the globe kept the safe-haven metal underpinned.

Spot gold was up 0.3 per cent at $1,803.80 per ounce by 0303 GMT. US gold futures rose 0.4 per cent to $1,809.10.

The dollar index fell 0.2 per cent against its rivals, making gold less expensive for holders of other currencies.

Gold is used as a safe investment during times of political and financial uncertainty.

Indicative of investor sentiment, speculators increased their bullish positions in COMEX gold and silver contracts in the week to July 7, the US Commodity Futures Trading Commission said on Friday.

Elsewhere, palladium gained 0.9 per cent to $1,987.77 per ounce, platinum rose 2.4 per cent to $834.05 and silver climbed 1 per cent to $18.86.

The Economic Times

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