News

Gold prices rally Rs 8,500 to climb back to Rs 1.3 lakh. How close is the Rs 1.5 lakh target?

Gold has rebounded sharply, rising over Rs 8,400 in two weeks to reclaim the Rs 1.3 lakh level, driven by Fed rate-cut hopes, a weaker dollar, and strong safe-haven demand. Analysts see bullish momentum but caution that Rs 1.5 lakh may take time, with key resistance at Rs 1.301.32 lakh.