Gold breaches Rs 85,000-mark on MCX, hits 2025 target early

  • Posted on February 7, 2025
  • By Business News Today
  • 1 Views
Gold breaches Rs 85,000-mark on MCX, hits 2025 target early

Gold price: Gold futures reached an all-time high of Rs 85,279on the MCX, influenced by global prices. April gold contracts surged by Rs 650 or 0.77% to Rs 85,094 per 10 grams. This increase follows disappointing US job data. Analysts predict continued bullish trends given global uncertainties, with prices potentially reaching Rs 87,000 by Diwali.
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