Gold Hits Record Rs 1.28 Lakh/10g, Surges Rs 1,185; Crosses $4,250/oz Globally
New Delhi, Oct 16: Gold prices surged by Rs 1,185 on Thursday to hit an all-time high of Rs 1,28,395 per 10 grams in domestic futures trade, while global bullion crossed USD 4,250 per ounce. The rally was driven by expectations of interest rate cuts by the US Federal Reserve and ongoing geopolitical tensions.
On the Multi Commodity Exchange (MCX),…
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