Gold hits new all-time high at Rs 95,435 amid trade war concerns
Gold prices hit a new record high in India on Wednesday, with the yellow metal trading at Rs 95,435 per 10 grams on the Multi Commodity Exchange (MCX).
Gold prices hit a new record high in India on Wednesday, with the yellow metal trading at Rs 95,435 per 10 grams on the Multi Commodity Exchange (MCX).
India's competitive position in select product segments may help cushion some of the losses, it mentioned.
As the US reciprocal tariff deadline looms, gold prices on Monday hit a record high of $3,106 per ounce for the first time, with people rushing towards accumulating the safe-haven asset amid global uncertainties.
The government on Tuesday announced to discontinue the medium term and long term government deposit (MLTGD) components of the Gold Monetisation Scheme (GMS), effective from March 26.
Chhattisgarh has emerged as a trailblazer in mineral sector governance under the leadership of Chief Minister Vishnu Deo Sai, combining transparency, innovation, and sustainability to drive unprecedented economic growth.
The risk on trade in global markets is witnessing a huge rally in equities as well as gold.
The price of gold went up on MCX on Wednesday with gold for June 5 delivery traded 0.44 per cent higher at Rs 71,652 per 10 grams at around 11:30 a.m.
In a display of sheer determination and skill, Malaysia dominated the proceedings, clinching an impressive five gold medals along with two silver and one bronze.
With the consecration, there are multiple investment avenues opened for the citizens.
Railway Sports Promotion Board (RSPB) continued their dominance in the tournament to secure their fourth team championship title in a row with eight medals that included five gold, one silver and two bronze.