Gold prices rose Rs 250 to Rs 80,550 per 10 grams in the national capital on Friday as rupee hit record low amid consistent buying from retailers and stockists, according to the All India Sarafa Association. The precious metal ended the previous session at Rs 80,300 per 10 grams.
Gold in a healthy consolidation period, says Chris Wood
Jefferies’ Christopher Wood notes gold’s consolidation above $3,000. He maintains high gold allocation in his pension fund. Western gold ETF flows are light despite gold’s