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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Gold Prices in India Slip to one-year Lows and then Jump Sharply
Gold Prices in India: The premium gold dealers charged over official prices in India edged lower amid an uptick in prices. Dealers charged premiums of up to $4 an ounce this week over official domestic prices, down from the last week’s $5, Reuters reported.