The price of gold rose to a fresh record high of more than $2,609 on Friday as the prospect of fresh US interest rate cuts boosted demand for the precious metal.
Gold hit a record high above $2,600 per ounce on Friday, as the prospect of more U.S. interest rate cuts and global geo-political uncertainty boosted its appeal.
Gold futures today with October 04, 2024 expiry date was also up by 0.56% to Rs 73,849 on the Multi Commodity Exchange (MCE).
Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest ...
You may be able to get a discount if you buy gold in bulk now.