MCX Gold Prices Hit Record ₹1 Lakh in India | Why Gold Prices in India Soared Past ₹1 Lakh for the First Time

MCX Gold Prices Hit Record ₹1 Lakh in India | Why Gold Prices in India Soared Past ₹1 Lakh for the First Time

Discover why gold prices in India crossed ₹1 lakh per 10 grams on MCX for the first time. Learn about global tensions, a weak rupee, and US economic trends driving this historic rise. Domestic mcx gold futures jumped 2.2% to touch ₹1,00,403 per 10 grams in early trade. This psychological milestone reflects both domestic currency weakness and strong overseas cues.

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MCX Gold to Trade Sideways: Support at Rs 50300 [29-Aug-2022]

MCX Gold to Trade Sideways: Support at Rs 50300 [29-Aug-2022]

MCX Gold Price Forecast: Commodity prices traded mixed with bullion prices declined for the week witnessing selling in the second half of the week. Base metals ended in green on tight supplies and China stimulus hopes. Crude oil prices traded higher gaining on lower supplies and expectation of OPEC output cut.

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