Gold prices in India reached a record high on Monday, crossing Rs 97,000 per 10 grams in futures trade. The surge was attributed to strong local demand amid escalating tariff tensions and worries about the US economic outlook and debt crisis. Internationally, gold futures also soared to unprecedented levels, boosted by a weakening US dollar and increasing trade tensions between the US and China. Investors are turning to gold as a safe-haven asset amidst the uncertainty in the global economy. The current market conditions indicate a bullish trend for gold prices, with experts predicting further increases in the coming days.

Posted in
JUST IN
Gold prices hit record high at Rs 97,000 per 10 grams fueled by tariff tensions and US economic concerns.
In Trend

Indian government imposes 12% safeguard duty on steel imports to protect domestic industry, aid SMEs.
