MCX Gold Hits Record High Amid Global Rally, But Strong Rupee and Lower Premiums Cool Physical Market
Gold prices on the Multi Commodity Exchange (MCX) surged to an all-time high of ₹1,28,457 per 10 grams this week, driven by a global rally and speculation over potential interest rate cuts by the US Federal Reserve. International gold rates climbed to $4,254 per ounce, reflecting heightened investor demand for safe-haven assets amid economic uncertainty….
