#GoldPrices #IndiaMarkets #Bullion #USFed #RateCut #SafeHaven #Commodities #Rupee #GlobalMarkets #Inflation #Investing #StockMarket #USJobsData

Gold Prices Hit All-Time High in India; Global Rates Surge on Fed Rate Cut Bets

Gold Prices Hit All-Time High in India; Global Rates Surge on Fed Rate Cut Bets

#GoldPrices #IndiaMarkets #Bullion #USFed #RateCut #SafeHaven #Commodities #Rupee #GlobalMarkets #Inflation #Investing #StockMarket #USJobsData New Delhi — Gold prices scaled a new peak in India on Monday, September 1, with domestic rates climbing to an unprecedented ₹1.06 lakh per 10 grams. The rally comes amid a confluence of global and domestic factors, ranging from expectations of a US Federal Reserve interest rate cut to a sharp depreciation in the Indian rupee, which has intensified the impact of global price movements in the local market. At the global level, gold hit a four-month high, buoyed by a surge in safe-haven demand as traders increasingly wager…
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