Gold prices have soared to an all-time high of $2,645 per ounce in international markets, driven by global economic uncertainty and rising investor demand for safe-haven assets. Simultaneously, on India’s MCX, gold has crossed the ₹74,800 per 10 grams mark, marking a new record.
This sharp rise in gold prices reflects growing concerns over inflation, geopolitical tensions, and a potential economic slowdown, which have led investors to flock to the yellow metal as a secure investment. Analysts expect continued volatility in the market, with gold maintaining its upward momentum.
