The price of gold surged above US$4,100 (Rs 3.6 lakh) an ounce (28.4 gm) for the first time, taking this year’s rally to more than 50 per cent. While economic uncertainties from growing government debt levels,

Gold rose to another record high with spot prices reaching intraday highs of $4,242/oz this morning. Oil prices recovered some of the losses this Thursday morning as President Trump said India vowed to halt purchases of Russian barrels soon.

LONDON (Reuters) -World markets found steadier ground on Monday after being whipsawed by broadsides in the U.-China trade war, while gold hit new record highs in a sign that uncertainty remained high.

Doug McIntyre and Lee Jackson discuss the recent surge in gold prices, which have climbed toward $4,000 per ounce after years of steady gains. Lee explains that gold’s rise is being fueled by investors seeking alternatives to an overheated stock market and by heavy buying from central banks,

Gold surged above $4,000 per ounce, with Motilal Oswal forecasting a domestic target of ₹1.35 lakh per 10 grams. Intraday volatility saw prices supported by Asian demand and central bank buying. Year-to-date,

Gold for December delivery, a most-active contract, was up 2.8% at just above $4,110 per ounce Monday morning, amid lingering concerns about U.S.-China trade tensions and in contrast to the optimism being seen in U.

The find, confirmed by the Gansu Provincial Department of Natural Resources, represents the largest gold discovery since the province launched its geological exploration fund in 2009, offering a major boost to the country's mineral resource strategy.

Gold prices are soaring, reaching historic highs as China announces the discovery of its largest gold deposit, potentially holding over 1,000 metric t