Mumbai, Feb. 10 -- Gold futures jumped to a new peak of $2924.90 per ounce on Monday as safe-haven demand spiked after former US President Donald Trump announced fresh 25% tariffs on steel and aluminum. The dollar index climbed above 108.3, fueling inflation concerns and limiting rate-cut expectations. Meanwhile, central bank gold buying remained strong, with China's PBoC adding to its reserves for a third straight month. Investors now eye key US inflation data this week. On MCX, bullion futures surged past Rs 85500 per 10 grams, up Rs 833.
Published by HT Digital Content Services with permission from Capital Market....