Gold scales fresh record near $5,600 on geopolitics, weak US outlook; what lies ahead
Bullion has gained more than 27% this year, driven by US policy uncertainty, expectations of Federal Reserve rate cuts, a sharply weaker dollar and intensifying geopolitical risks. In India, gold futures crossed Rs 1,75,000 per 10 grams for the first time and extended gains beyond Rs 1,80,000.
Bullion has gained more than 27% this year, driven by US policy uncertainty, expectations of Federal Reserve rate cuts, a sharply weaker dollar and intensifying geopolitical risks. In India, gold futures crossed Rs 1,75,000 per 10 grams for the first time and extended gains beyond Rs 1,80,000.
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