Gold price registers best YTD rally since 1979. Will the rally continue as Trump hits China by 100% additional tariffs?


Source: livemint.com livemint.com

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Gold rate today: The relentless rally in gold price extended into its eighth consecutive week, with prices scaling a new all-time high of ₹1,23,677 per 10 gm, gaining about 2.9% for the week. In the international market, gold prices surpassed the $4,000-per-ounce mark for the first time, soaring to a record high of nearly $4,060 per ounce. The parabolic rise in the precious metal continues to underscore its status as a barometer of global economic and geopolitical uncertainty. The 58% year-to-date rally in gold marks its best annual performance since 1979, highlighting its role as a mirror of global fragility....