Gold prices scaled a new peak for the fifth consecutive session in the international market on Friday. (Image source: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Gold prices in India today were trading at levels above the Rs 1,30,200 mark, amid the festive season. The gold price today rallied to a fresh high of Rs 1,30,230 according to the India Bullion Co.

Gold prices scaled a new peak for the fifth consecutive session in the international market on Friday. Heightened US-China trade frictions and bets that the Federal Reserve will cut interest rates through the end of the year have supported demand.

The precious metal jumped 0.5% to $4,227 an ounce in the spot market. Bullion has risen about 5% so far this week amid a breakneck rally underway since mid-Aug

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