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Gold Prices Edge Higher Amid Economic Uncertainty
Gold prices rise amid economic uncertainty, with investors seeking safe-haven assets in light of inflation and Fed rate concerns.
Gold prices saw a slight uptick, reaching ₹1,30,800 for 10 grams of 24 carat gold, as global economic uncertainty continues to drive demand for safe-haven assets. With the US Federal Reserve's rate decisions looming and inflationary pressures continuing worldwide, gold remains an attractive choice for risk averse investors.