IBJA

Gold reaches new high of INR 78,300 on safe-haven buying and festive demand

IndustryOctober 3, 2024

Gold͏͏ reached͏͏ a͏͏ record͏͏ high͏͏ of͏͏ INR 78,300͏͏ per͏͏ 10͏͏ grams͏͏ on͏͏ Wednesday,͏͏ driven͏͏ by͏͏ safe-haven͏͏ buying͏͏ amid͏͏ escalating͏͏ tensions͏͏ in͏͏ the͏͏ Middle͏͏ East͏͏ and͏͏ declining͏͏ US͏͏ bond͏͏ yields.͏͏ Market͏͏ participants͏͏ anticipate͏͏ that͏͏ the͏͏ yellow͏͏ metal͏͏...

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