Spot gold in the London market breached $4,350 an ounce this week, marking a historic high. In India, prices have soared past ₹1,31,000 per 10 grams, in MCX, just ahead of the festive season.
Indian equity benchmarks ended the week marginally lower amid sustained FII outflows and US-India trade uncertainty, though sentiment improved after a US Fed rate cut.
Foreign investors pulled out Rs 17,955 crore (USD 2 billion) from Indian equities in the first two weeks of this month, taking the total outflow
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