Gold rate today: Prices cross Rs 1.21 lakh per 10g in Delhi; US government shutdown and Fed rate cut bets lift bullion
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Gold prices in Delhi surged by Rs 1,100 to cross Rs 1.21 lakh per 10 grams, reaching a lifetime high amidst firm global cues and the US government shutdown. This rally was fueled by expectations of Federal Reserve interest rate cuts and a weakening US labor market, pushing spot gold to a record $3,895.33 per ounce overseas. What's Your Reaction?
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