💨 Abstract

Gold prices in India hit a new record high of Rs 91,250 per 10 grams on Tuesday due to increased buying by stockists and retailers. This surge is driven by strong trends overseas, uncertainties surrounding US President Donald Trump's policies, fears of a US recession, and geopolitical tensions. Additionally, expectations of multiple interest rate cuts by the US Federal Reserve support the non-yielding yellow metal.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖