Gold on Fire! Hits $3,600 Globally, Soars Past Rs 1.08 Lakh in India
New Delhi: Gold futures breached the USD 3,600 per ounce mark on Monday, marking their fresh all-time high, on expectations that the US Federal Reserve will cut the key policy rate. At 16.06 IST, international gold traded at USD 3,656 per ounce. Traditionally, rate cuts invariably make safe-haven asset gold lucrative. “Tariff…