Gold records new high at Rs 98K, soaring more than Rs 1,500 in one day

Gold prices have soared to unprecedented levels, reaching Rs 98,100 per 10 grams in the national capital, fueled by escalating trade tensions between the US and China. This surge is further supported by a weakened US dollar and positive outlooks from major banks, citing inflows into gold-backed ETFs and sustained central bank buying.

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