Gold prices soar! Safe-haven appeal, festive demand drive gold rates up Rs 1,500 in just a day; analysts expect further rise – Times of India

Gold price outlook: Market participants anticipate further increases in the price of the precious metal. (AI image) Gold rate today: Gold prices reached a new peak of Rs 78,300 per 10 gm yesterday, driven by safe-haven buying amidst rising tensions in the Middle East and lower US bond yields. Market participants anticipate further increases in…

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Jewellers strike gold this rakhi – ET Retail

Indian consumers have bought more gold this Rakshabandhan, enticed by lower domestic prices thanks to the import duty cut announced in the budget. A quick industry assessment shows healthy demand at the start of the festival season. “Information trickling in from jewellers across India is showing that the demand for gold has gone up by…

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