MCX Gold Prices Hit Record ₹1 Lakh in India | Why Gold Prices in India Soared Past ₹1 Lakh for the First Time

MCX Gold Prices Hit Record ₹1 Lakh in India | Why Gold Prices in India Soared Past ₹1 Lakh for the First Time

Discover why gold prices in India crossed ₹1 lakh per 10 grams on MCX for the first time. Learn about global tensions, a weak rupee, and US economic trends driving this historic rise. Domestic mcx gold futures jumped 2.2% to touch ₹1,00,403 per 10 grams in early trade. This psychological milestone reflects both domestic currency weakness and strong overseas cues.

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US-China Trade Talk

Gold Prices Hold Steady as US-China Trade Talks Continue

Gold Prices and the Latest Market Updates: Gold prices are staying steady as the world watches the ongoing trade talks between the United States and China. These discussions, happening in London, are creating a lot of interest in the financial markets. Let’s break down what’s happening and why it matters for gold prices.

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gold ETFs

Gold ETFs Take a Breather in May with Small Outflows

Gold exchange-traded funds (ETFs) saw a slight shift in May, with investors pulling out a small amount of money for the first time in five months. After a big surge in April, this slowdown shows investors are cashing in on profits. Let’s break down what happened and why gold ETFs are still worth watching.

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