Gold Soars to Record Rs 1.27 Lakh per 10g, Surpasses USD 4,200/Ounce on Fed Rate Cut Hopes
New Delhi, Oct 15: Gold prices surged to a historic high on Wednesday, climbing Rs 1,244 to reach Rs 1,27,500 per 10 grams in domestic futures trade. In global markets, the yellow metal breached the USD 4,200 per ounce mark, driven by safe haven demand amid renewed geopolitical and trade tensions.
On the Multi Commodity Exchange (MCX), gold…
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