Gold prices soared to unprecedented levels on Monday, reaching Rs 1 lakh per 10 grams in the physical market after accounting for GST. The MCX June gold contracts also hit a record high of Rs 97,288 per 10 grams, marking a significant surge of over 2% in a single day.
Asian stocks gain, oil rises on Israel-Iran report
Oil prices surged following reports of potential Israeli preparations for strikes on Iranian nuclear facilities, as indicated by US intelligence. Asian stocks experienced gains, while