Gold rates today 10 Nov Tuesday: Can price rise to Rs.1.48 lakh per 10 gm? What experts say about rally as crude cools
Gold rates today, Nov. 10 -- Gold prices has been on a bull run amid easing crude oil prices and receding inflation concerns supported bullion demand. However, a stronger US dollar and expectations of another Federal Reserve interest rate hike limited further gains in international markets.
On the domestic front, MCX gold futures for December delivery were quoted at Rs.1,43,129 per 10 grams, up Rs.577 or 0.4%, according to the latest available market data. On Monday, the contract opened at Rs.1,43,562 and touched an intraday high of Rs.1,44,400 in the previous session.
The recovery in gold prices comes after a sharp correction in October, with investors assessing whether the recent rebound can sustain itself.
The recent recovery in gol...
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