New Delhi, April 18 -- Gold prices have been on a record-breaking spree in the domestic and international markets as well. MCX Gold June 5 contracts scaled a record high of Rs.95,935 per 10 grams on Thursday, while Comex Gold rose to $3,371.90 per troy ounce on persisting concerns over the economic impact of the ongoing trade war and dollar weakness against its peers.
However, gold declined on profit booking and ended 0.44 per cent lower at Rs.95,239 per 10 grams on Thursday. MCX is closed today (Friday) on account of Good Friday.
Gold prices in India have surged 25% year-to-date (YTD) due to persistent global uncertainty, rising geopolitical tensions, central bank buying and expectations of rate cuts by the US Federal Reserve.
A confl...
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