India, Oct. 8 -- What's The News The price of gold saw an increase on October 8 following its fall to a two-month low in the previous trading day. The international gold price increased by 0.3% to $4,122.99 per ounce, and gold futures in the US were also up.

For 24-karat gold in India, the indicative price was about Rs. 1,50,640 per 10 grams, and for 22-karat gold, it was approximately Rs. 1,39,720 per 10 grams on October 8.

What Is Driving Gold Prices old prices are being impacted by a combination of interest rate expectations and global uncertainty. The market is watching the interest rate expectations of the US Federal Reserve in light of the minutes from its September meeting.

High interest rates and higher yields can hurt the pri...