06 Oct 2025 | 5 Mins Read
Gold hits lifetime high of Rs 1.2 lakh/10 grams, breach trades caution
Flipitmoney
Domestic gold prices surged 1.6% to a lifetime high of Rs 1,20,075 on the MCX and rose 1.5% to $3,966.20 in international markets, fueled by US President Donald Trump's tariff policy and a weaker rupee against the dollar. Experts predict a Fed rate cut will boost gold prices, with potential resistance at Rs 1,19,048 and support between Rs 1,17,315 and Rs 1,16,052.