The Gold has been on a steady rally over the past few days, and today, it again touched a new high of USD 3,500 per ounce. In India, the MCX Gold June Futures soared to a new high of Rs 99364 amidst all the geopolitical tensions rising in the world. The major causes for such a surge in gold prices include a weakening US Dollar, making gold more attractive as a store of value for investors, and the ongoing US-China trade war, prompting investors to invest in gold now as a safer option.
