Gold Hits Record Highs

  Published 8 months ago

Gold surged on a weaker dollar, tariff ruling, and US rate cut hopes, boosting MCX futures strongly.

  • Global gold prices jumped as a weaker dollar and expectations of US rate cuts fueled strong investor demand.
  • Federal court ruling against Trump’s tariffs increased market uncertainty, further supporting gold’s safe-haven appeal globally.
  • MCX October bullion futures crossed the ₹104900 mark, touching an intraday high of ₹105937, reflecting robust domestic investor sentiment.

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