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Gold price today: Gold rates witnessed significant gains, surging to record highs in the domestic futures market Friday morning, boosted by positive global cues and healthy demand from the domestic spot markets. MCX Gold for December 5 expiry traded 0.51 per cent higher at ₹ 77,498 per 10 grams around 9:15 am after hitting ₹ 77,565 per 10 grams level during the early deals.
Positive global cues influenced sentiment back home. In international markets, gold prices have risen over a per cent this month and traded near a record high on Friday, driven by uncertainty surrounding the US election 2024 outcome, tensions in West Asia and the expectations of further monetary easing. Spot gold hit a record high of $2,696.
59 on Thursday. (More to come).
