Gold Futures Hits Record High - Rs.1.1L per 10gram

Markets Discussions
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Gold prices have surged again up ₹458 to an all-time high of ₹1,10,047 per 10 grams in domestic futures.
On MCX, the most traded October futures jumped ₹482 (0.44%) to touch a fresh peak of ₹1,09,000 per 10 grams.

The rally comes on the back of a weaker US dollar and disappointing US labour market data, which pushed global gold prices to new highs.

For traders, this raises two big questions:

Where do you see gold heading next? Can it sustain above ₹1,10,000 — or is a correction around the corner?

Drop your views, charts, or trading levels below :backhand_index_pointing_down:

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Better to run with gold where ever it is going rather than try to predict and time where and when it is going to go next :slightly_smiling_face:

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