Gold prices surged on Friday, driven by robust spot demand and fresh speculative buying. Across major Indian cities, retail rates for 22K, 24K, and 18K gold saw an uptick. Futures contracts for August delivery on MCX climbed, mirroring a stronger global sentiment for the precious metal. This rally reflects increased trader confidence and positive market momentum. Gold prices surged on Friday, driven by robust spot demand and fresh speculative buying. Across major Indian cities, retail rates for 22K, 24K, and 18K gold saw an uptick. Futures contracts for August delivery on MCX climbed, mirroring a stronger global sentiment for the precious metal. This rally reflects increased trader confidence and positive market momentum.
Trending
- Tamil Nadu: Left extends support to Vijay’s TVK, but to ‘continue to work’ with DMK
- ‘I wouldn’t pay it either’: Donald Trump slams sky-high World Cup ticket prices that fans must pay to attend
- Operation Sindoor: China admits it provided support to Pakistan last year
- Hindutva mascot, ex-TMC insider: 5 reasons why BJP chose Suvendu Adhikari as West Bengal CM
- Ahmedabad Air India crash: Minister says probe in final stage, report expected next month
- First win since 2005: India on verge of first U-17 Asian Cup knockout berth in 21 years
- 26-year-old Indian student dies of heart attack in US, a day after celebrating graduation walk
- Evening news wrap: Suvendu Adhikari to become West Bengal CM; TVK’s Vijay gets majority in Tamil Nadu & more