In India, the prices held steady at Rs 1,13,120 per 10 gm, according to the India Bullion Association, compared to Rs 1,14,360 on Wednesday (Image source: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Gold prices hit a fresh record high of levels above the Rs 1,14,000 mark driven by festive demand and safe-haven demand.

In India, the prices held steady at Rs 1,13,120 per 10 gm, according to the India Bullion Association, compared to Rs 1,14,360 on Wednesday.

Amit Gupta, senior research analyst, equity and commodity at Kedia Advisory cites that expectations of aggressive U.S. rate cuts have boosted safe-haven demand, with Governor Stephen Miran warning that policy is too tight and risks the job market.

The CME FedWatch tool indicates a 90% probability of a cu

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