Rate Cut and Geopolitical tensions are key significant drivers for gold

Mayanksahu188@gmail.27 Oct, 2024Business

As per the Prithviraj Kothari, the precious metals market witnessed a historic moment on September 26, 2024, as gold futures surpassed the $2700 per ounce mark for the first time. Right from the month of August, until October, gold rallied and in just two months it reached from $2400 to over $2700- a significant jump of 12.70%.