Gold Created History, Crossed ₹ 1.42 Lakh For The First Time In The International Market; Why Did Prices Rise? How Much More Will Prices Increase?
Gold made a new record of Rs 1.42 lakh per 10 grams in the international market. Venezuelan geopolitical tensions and expectations of a US interest rate cut have boosted prices. Spot gold reached $ 4,510.60 an ounce. On MCX, gold was trading at Rs 1,38,417, while silver reached Rs 2,22,763 per kg. Experts believe that gold is still a safe option for long-term investors.