India, April 14 -- Rising demand and global uncertainty push the yellow metal to Rs 1 lakh mark
The timeless charm of the yellow metal never wanes. Of late, gold is making new highs in its price graph. Gold prices in India have been on a relentless upward trajectory, inching closer to the Rs 1,00,000 per 10-gram milestone. The rise in gold prices may be good news for the people who have the gold or gold bonds - but it is not a good omen for the economy. Gold prices typically rise when real estate and stock markets have negative sentiment and there is upheaval in the political sphere. The surge comes amid a confluence of global and domestic factors - ranging from heightened geopolitical tensions and stock market volatility to seasonal festi...