Indian Gold Prices Today
On Tuesday, December 3, 2024, Indian gold prices surged amid global gold prices’ volatility as investors awaited the release of important US jobs data and speeches by Federal Reserve leaders. The most recent spike in gold prices in India follows a steep dip of Rs 6,500 in 100 grammes of gold and Rs 650 in 24K of 10 grammes in the previous session. Additionally, the performance precedes the RBI’s three-day monetary policy meeting.
Interest rate reductions could be a major boost for yellow metal in India, as the RBI has maintained rates steady since the beginning of FY24.
Notably, global dangers, policy relaxation, and geopolitical uncertainty have increased gold prices in India and around the world.
In December 2024, should you purchase gold or make profits? Want to improve your portfolio?
