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Gold reaches Rs 83,000 per 10 grams for the first time

ByVictoria

“Gold extended gains on Friday, with spot gold in the domestic market hitting fresh all-time highs,” Saumil Gandhi, Senior Analyst of Commodities at HDFC Securities, said.

“Prices in MCX are near record high as Trump trade policies and tariff plans created an uncertain environment in the market, which may boost safe-haven demand,” Deveya Gaglani, Research Analyst-Commodities, Axis Securities, said.

Comex silver futures also increased 1.53 per cent to USD 31.32 per ounce in the Asian market hours.

Source – Press Trust of India

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    Spot gold gained 0.5% to $2,946.68 an ounce, as of 1131 GMT

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    John Paulson predicts gold to reach $5000

    ByVictoria
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    Central bank gold buying and global trade tensions are likely to push bullion prices to near $5,000 an ounce by 2028, billionaire investor John Paulson said in an interview during which he reinforced his commitment to U.S. mining projects

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