Gold is back in the spotlight, climbing to record levels once again. Prices have inched close to the $4,000 per ounce mark, a new all-time high, driven by growing global uncertainty, political instability, and expectations of more interest rate cuts in the United States.
At the time of writing, gold was priced at Rs 1,22,020 per 10 gram, according to goodreturns.com.
advertisement
The rally has been fuelled by a mix of international and domestic factors, making investors wonder whether it’s the right time to buy or wait for a correction.
WHY ARE GOLD PRICES RIS
Continue Reading on India Today
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.