Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council

New Delhi [India], August 24 (ANI): Domestic gold prices have risen by 10 per cent on a year-to-date basis on the back of the strength in global gold prices, which have surged by 18 per cent year-to-date, driven by robust central bank purchases, heightened geopolitical risks, and growing expectations of a monetary policy pivot from the US Federal Reserve, according to the World Gold Council.

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