Gold prices jumped to a three-month high this week as global investors turned to safe-haven assets amid rising economic concerns. The price of 24K gold crossed ₹63,000 per 10 grams in major Indian cities.
Analysts say this surge is due to weak global markets, inflation fears, and central bank buying. Experts advise long-term investors to wait before making new purchases, as the market may correct slightly in the coming days.
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