Gold prices remain near Rs 1.30 lakh as traders brace for a rate cut by the Fed. Is a breakout of over Rs 1.31 lakh next?

Gold prices in India remained steady on Thursday, hovering just above Rs 1.30 lakh, as traders cautiously positioned themselves ahead of next week’s US Federal Reserve policy meeting, where markets now largely expect a rate cut. On the MCX, gold futures opened at Rs 1,30,799 per 10 gram for 24 carat purity, from Rs 1,30,462 […]