#ZeeBusiness MCX Gold Hits Rs 1,20,800 as Safe-Haven Demand Rises
MCX Gold Hits Rs 1,20,800 as Safe-Haven Demand Rises
Gold prices hover near record highs as political uncertainty in the US and France boosts safe-haven demand. MCX gold rose over Rs 10,000 in ten days, while silver climbed to a life high near Rs 1,48,000/kg. Copper recovered amid supply concerns from Chile and Indonesia, and oil continued its fourth straight gain with OPEC+ output decisions influencing the market. Raw sugar also rose near two-month highs due to strong global demand. Investors are closely watching global developments for next moves.
#GoldPrices #SilverMarket #CopperUpdate #OilPrices #SugarMarket #MCXUpdate #SafeHavenAssets #OPEC #GlobalMarkets #CommodityNews
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