GOLD FUTURE HIT FRESH RECORD OF RS 93736/10G – AS TRADE WAR INTENSIFIES

Gold Prices on Friday touched an all time high of Rs 93736 per 10 Gram , in future trade in line with firm global trends on the multi commodity exchange , the yellow metal contracts for June delivery hit a record high of Rs 93736 per 10 g

Accoding to analysts rish off sentiment gained momentum following the US announcement of 145 per cent tariff on chinese imports escalating trade tensions despite US presiden donald trump’s 90 day tariif pause for other countries

Globally gold futures increased nearly 2percent to hit life time high of USD 3240.20 per ounce in new york

Conclusion -Geopolitical instability in the middle east also supported safe haven demand for gold

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