Gold prices hit Rs 1 lakh! What's the outlook for gold and should you buy or sell the yellow metal? Explained

Quick Summary:

Gold prices have breached the Rs 1 lakh mark and investors are wondering - is this the right time to buy gold or should they be booking profits?

What's the gold rate outlook for this year and will the rally last?

Concerns over global economic growth, escalating China-US trade war are driving the rise in gold prices, with a weaker dollar having added to the momentum.

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Article Details

Author / Journalist: Smriti Jain

Category: EconomyBusiness

Markets: IndiaChinaUkraine

Topics: Gold price predictions Gold prices Gold rate today Gold price today Gold investment Gold MCX futures Gold price outlook

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 22:20:03 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1226 words

Reading Time: 7 minutes read

Sentences: 53 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28173624

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

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