Gold prices have reached historic highs both internationally and in India, reflecting investors’ flight to safety amid mounting global economic uncertainties. In India, the price of 24-karat gold soared to Rs 93,390 per 10 grams, while 22-karat gold was priced at Rs 85,610 per 10 grams. Globally, spot gold exceeded the $3,200 per ounce threshold
In a notable shift, Japanese bonds saw a significant rise in demand, attaining a two-year high as uncertainty surrounding U.S. tariff policies sparked safe-haven buying. Data from Japan’s Ministry of Finance showed foreign investors purchased long-term bonds worth 3.4 trillion yen, marking the highest weekly net purchase in two years. Conversely, short-term Japanese bonds
Gold prices have been rising quite fast in the past few weeks. Gold prices stand at ₹86,793 per 10 grams (24 carats) and at ₹79,573 (22 carats). Although the price witnessed biggest weekly drop of 2.5 percent after eight weeks of gains last week, but it still remains higher by 2.2 percent for February. Investing