Commodities Live: Gold Prices Jumped By Over Rs 1100 Per 10 Gram In A Week; Will Gold Prices Rise Sharply? Watch To Know Expert's Opinion
Zee Business Video Team | Updated: August 10, 2022 09:14 PM IST
Gold surged by over Rs 1100 in a week. Gold futures on MCX are trading at around Rs 52,400 per 10 grams. Safe investment demand increased ahead of inflation data. Today, July inflation data will be released in the US. Inflation in July is estimated to be 8.7%. Retail inflation was 9.1% in June. The Fed's stance may soften due to the fall in inflation. Fed's soft stance is a positive trigger for gold prices. Will gold prices rise sharply? What to do in current price of gold? Know the opinion of experts on Commodities Live.
