Gold prices remained near record levels as geopolitical tensions and inflation concerns increased demand for safer investment options. Investors across global markets continued shifting funds toward bullion amid uncertainty regarding global economic stability.
Domestic jewellers also witnessed steady demand due to the ongoing wedding season, although higher prices slightly impacted retail buying sentiment. Central bank purchases globally have also supported long-term gold demand.
Experts believe gold may remain strong in the near term if geopolitical tensions continue and inflation risks remain elevated across major economies.
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