Gold prices rose more than 1% to an all-time high on Thursday as elevated tariff uncertainty and bets on monetary policy easing by the Federal Reserve kept bullion’s appeal strong.
Spot gold was up 1.3% to $2,969.53 an ounce, as of 10:51 ET (1451 GMT).
U.S. gold futures climbed 1.2% to $2,982.50.
As US inflation fails to ease trade worries, gold prices continued the uptrend during the early morning deals on Thursday. MCX gold rate today opened upside at ₹86,816 and touched a new peak of ₹86,875 pe 10 gm within a few minutes of the Opening Bell. In the international market, the spot gold price was $2,945 per ounce, while the COMEX gold price was$2,954 per troy once
