Business Desk: The possibility of rate cuts by the Federal Reserve has resulted in a rapid surge in gold prices. Following a drop on the 18th level, gold prices have increased by about INR 8,600 per 10 grams, with a price surge of 7% in just two weeks. On Wednesday, gold reached an intraday high of INR 130,955 on MCX, up by INR 1,196. Currently, gold is trading around INR 134,024, nearly INR 3,000 below its all-time high.
Gold Prices Soar Amid Expectations of Rate Cuts, Experts Predict Future Trends
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