Why is there an upward rally in gold prices? Explained
The story so far: Mired amidst geopolitical tensions and economic uncertainty, spot price of gold scaled a record high of $2,758.37 for an ounce on October 23. At the time of writing, the yellow metal was priced at $2,731.45/ounce having marginally corrected course from the record high. In India, gold was mirroring the upward trajectory…
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