Gold price hits new high on US Fed rate cut buzz, rallies 35% in YTD. Is it the right time to buy gold?

Gold rate today: Following the optimism for the US Fed rate cut after the soft US economic data, gold prices across bourses bounced back strongly after the profit-booking trigger on Thursday. MCX gold rate climbed to a new peak of ₹1,07,807 per 10 gm…

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