Explained: Why are gold prices rising across the globe? What to expect in March
Explained: Why are gold prices rising across the globe? What to expect in March !
Gold prices recently surged to a new peak, indicating a major spike in the rates in the global markets.
Gold prices are on the rise across the globe, with the yellow metal recently hitting its peak in India at ₹65,298 per 10 grams on the MCX. This indicated a significant spike of over ₹2,700 in just the first week of March 2024. Gold hits its peak in Delhi on Thursday, but the reason of this uptrend has been attributed to the speculations of an interest rate cut by the US Federal Reserve in June.
The anticipation linked to the US Federal Reserve rate cut has made a significant impact on both domestic and international markets, adding to the gold prices in the country Read More.....
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