Gold prices moved higher in the domestic market as global uncertainty increased investor demand for safer assets. Concerns over international conflicts and inflationary pressure have encouraged traders to shift funds into bullion.
Jewellery demand in India also remains stable due to the ongoing wedding and festive season. Analysts suggest that any further escalation in geopolitical tensions could support another rise in gold prices.
Experts believe that while short-term fluctuations are possible, gold continues to remain a preferred long-term hedge against economic uncertainty.
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