Gold breaches Rs 83,000-mark in spot markets, hits lifetime high on MCX too. Should you buy?

Gold prices surged to a record high on Friday after US President Trump hinted at pressuring the Federal Reserve to lower interest rates. The MCX gold futures reached Rs 80,312 per 10 gram and spot prices breached Rs 83,000. Analysts suggest safe-haven buying driven by economic uncertainty and Trump’s policies is fueling the rally.

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