Gold prices at all-time high: Should Indian investors buy yellow metal ahead of festive season for higher return?

News Snapshot:

Gold price today: The breakneck rally in gold prices has pushed the yellow metal to fresh record highs and past the ₹1,06,000 mark on the Multi Commodity Exchange (MCX). The fresh round of rally, marked by structural changes rather than any speculative behaviour, believe analysts. In trade today, September 3, gold futures hit a new high of ₹1,06,289 per 10 grams. In the international market, too, gold surged to a fresh record high, consolidating gains above the key $3,500 level. In the last one month alone, gold prices have spiked by 8% ahead of the festival and wedding season in...