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Gold fever: Futures top Rs 1L/10gm mark

Times of India LogoTimes of India7h ago

Gold fever: Futures top Rs 1L/10gm mark - Times of India

Quick Summary:

Gold futures on the MCX surged, surpassing ₹1 lakh/10 grams, mirroring gains in international markets where prices exceeded $3,500/ounce.

The rally is fueled by factors including the US Federal Reserve's stance on interest rates, a weaker dollar, and global trade uncertainties.

Given gold's haven character, global uncertainties-economic and geopolitical-help prices move north.


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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 05:47:27 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 498 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28159022

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 39 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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