Gold rate today: Gold prices cross Rs 1 lakh mark again on rising Israel-Iran tensions; where is yellow metal headed?
Gold rate today: Gold prices cross Rs 1 lakh mark again on rising Israel-Iran tensions; where is yellow metal headed?
Gold prices in India soared to near all-time highs, reaching Rs 1,01,540 per 10 grams, fueled by escalating geopolitical tensions after Israel's strike on Iran. Silver also surged, hitting Rs 1,08,100 per kg, matching its lifetime high. Investors sought safe-haven assets amid global instability and expectations of potential US Federal Reserve interest rate cuts, further driving the precious metals' rally.
Gold prices in India soared to near all-time highs, reaching Rs 1,01,540 per 10 grams, fueled by escalating geopolitical tensions after Israel's strike on Iran. Silver also surged, hitting Rs 1,08,100 per kg, matching its lifetime high. Investors sought safe-haven assets amid global instability and expectations of potential US Federal Reserve interest rate cuts, further driving the precious metals' rally.