💨 Abstract

Gold futures surged by Rs 1,493 on Monday, breaking the Rs 96,000 per 10 grams mark, due to increased global demand and escalating trade tensions between the US and China. This rise was observed on the Multi Commodity Exchange (MCX) for June and August deliveries. The ongoing trade disputes have led to global uncertainty, causing investors to seek safety in gold.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖