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Wednesday, April 16, 2025

Gold hits record $3,300/oz, closes in on Rs 1L/10gm mark

Amid escalating US-China trade tensions, gold prices have surged to unprecedented levels, exceeding $3,300 per ounce internationally and nearing Rs 1 lakh per 10 grams in India. This surge, driven by safe-haven demand, has dampened consumer appetite, with gold selling at a discount.

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